Positioned LNG = long entered in beginning of the year using (W)=weekly chart to identify trend. using (D) to identify enter position. Stock in bigger time frame (M) =Monthly is in uptrend. let profit run.closed 1/2 PSTN while price is coming into SZ =Supply Zone from (M), price went & broke the (W) uptrend & I closed 1/2 position by stop triggered
This week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day and I keep my stop losses really tight.
Allocate less than usual capital if you would like an extra layer of safety. The market is uncertain and we want to keep our risk to the...
