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Vinodinvest
Aug 14, 2022 7:13 AM

$VITL - Simple CT50 trading strategy  Education

Vital Farms, Inc.NASDAQ

Description

Trading Strategy based on CT50:
Chart Pattern - Tline (8EMA - white line) & 50EMA (Red line)
First entry point: Base breakout on high volume and Gap up
Second & Third: While holding the gap up low, mini consolidation breakout offered add on points (yellow arrows)
Now there’s a tight consolidation going on. Watch out for breakout or breakdown.
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