In this video, I discuss The Anti a trade first mentioned by Linda Raschke in her 1996 book Street Smarts. Her version used a Stoch indicator but, I prefer a modified MACD indicator. To take this setup, you first need an indication of market reversal. In our case that will be climatic activity. So this trade has 4 parts: Climatic activity or other indication...
i like this chart and there is alot of data as gap is not a new company. So i wanted to point out the possible target areas.
Copyright Rohan Karunaratne 2020
This play came together due to a trendline on the Daily charts.