PRGO from $24.61 to $28MODs have suggested that I provide more detail about the picks I make.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading plan is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
Bonus if a TTM Squeeze in in play.
I hold until target is reached or end of year, when I can book a loss.
So...
Here's why I'm picking this symbol to do the thing.
Price at bottom of channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at oversold level
TTM Squeeze is off
TTM Squeeze momentum is spiked down
VBSM is spiked negative
Impulse MACD is spiked downside
Price at near 1.618 Fibonacci level
In at $24.61
Target is $28 or channel top