Imagine the market as a landscape with various layers of soil and rock, each layer representing a price level, and the thickness of each layer reflecting the volume of trades at that level. Your trade, symbolized by a bunker, is situated at a specific depth corresponding to your entry price.
Bunker (Your Entry Price): Your position in the market is like a...
Idea for a range trade on RMR as it is currently in consolidation. There are opportunities for traders to go long at the support level and short at the resistance. Beware of volume and price action before trading.
Hi. I've plotted a resistance zone that's been prevalent since the start of the year. I've also plotted some Elliot waves: some past, some current and some incoming.
The recent Three Drives pattern is over and unfortunately I didn't recognize it in time. But a good question then is what's next?
Well there is a clear impulse wave occurring at the moment. The...
PEAD projected a bullish outlook for $RMR following its earnings release after a negative over reaction placing the stock in Drift C
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