My opinion on this company is that it will keep growing to new ATH, they are undervalued and I trust the intrinsic value to maintain/gain moving forward long term. The type of thing I'd want a piece in for years, on the lookout for buy-in opportunities.
Making a pretty drastic change in the exit strategy; well, same strategy just tightening up the stdDev multipliers a LOT. new stop loss is going to be just 10% what it was, trailstop activation trigger is cut in half, and trail stop is going from 0.25 to 0.1. These are all configurable in the script.
been doing some backtesting and it seems like this tactic of...
Hey people, STEEL DYNAMICS is in a bearish configuration, a high volume traded at the end of the session bearish fake signal. She is looking for liquidity for an upcoming turnaround. We find at the top of a zone of balance that it will break from the top to go to the zone above. We are in a bullish gap, if the buyers respond now we can reach the low of the last...
19/Nov/2019 09:48 AM AUTHOR: Brandon Gum
Peer group is all setting up the same way.
Should one consider longing? --->
1.) Look at ETF and peer group. Do they all suggest upside potential?
2.) Determine where you think it can go, both upside and downside. Is the RR there to?
3.) Is there fundamental support for these equities to do well right now? Or are...