I identified an opportunity in the slowly falling channel. The candle is currently located near support, and has a high chance to bounce. The market started off pretty good as bull dominates the market. I entered into the position to test the idea. The RSI is a bit higher compare to previous candle located at support. #realtrade
JD has the momentum to move downward with volume increases higher and squeeze momentum highlighting big move, likely to be downward. This create opportunity to short.
Enter long: red line
Exited after 1 bar, exited due to sluggish uptrend move
I identified a rising triangle or wedge that makes the AMAT trade attractive. Currently, the price seem to be at support, therefore I entered the trade now to see how it plays out using naked call option.