can enter if price action turns positive here Breakout and retest at support area/prev resistance area RIS also shows that they want to turn plus volume is more than average Pink link SL Blue line first tp, sell 2/3 there and let 1/3 run change SL to entry price if price goes to blue line
Good Risk reward to a good company SL pink line. Blue green TP at 2/3 and let 1/3 run Insider bought around this price Date Filed Reporting Name Relationship Trans. Date Shares Price $ Total Value $ 29 Mar 2023 SHEPARD WILLIAM R Director 28 Mar 2023 195 186.45 36,337 29 Mar 2023 SHEPARD WILLIAM R Director 27 Mar 2023 298 185.32 55,194 29...
Retest support when last breakout after earning Good risk and reward Good entry point to a company that can keep forever If trading: SL at pink line TP 2/3 at blue line and let 1/3 run. Change SL to entry price once hit the blue line tp
Buy at last resistance turns support area Pink line SL Blue Line first tp, can take 2/3 and let 1/3 run. Move SL to entry price if price goes to blue line
Looking at price to complete the Upwards/UTAD (Upthrust at area of distribution before going all the way down to cover areas imbalance left. Potential entry will be on the last pull back.
Richard D Wyckoff created a price action theory that states the market moves in 5 phases : Accumulation, Mark up, Distribution and mark down. In within the accumulation and distribution phases, there is an additional FIVE price action phases that break down market manipulation and why the market breaks structure and does a complete 180. This theory ALONE is the...