About meSpend around 10 hours per week training and trading the markets. I consider myself an advanced beginner in trading. My focus is technical analysis. Average trade 15 days. Love to hear opinions other then my own; however, don’t be a douchebag!
Watch closely tomorrow. Bull trap vs bounce off trend line with continuation of current trend. Personally I think the trend continues.
I'm a beginner at volume price analysis. Analyzing the daily bars I feel this opens higher tomorrow. Sell off with wide price swing however was on low volume.
Trading the inverse head and shoulders. 2 down days following a breakout of the neckline. Following day we then see a quick spike in price which is overdone and we then see selling as the buyers are overwhelmed. Today 8/31/18 we see another pull back which reverses to close slightly down. Volume does not justify the size of the move we had today. I think Mr...
Novice trader trying to get a better understanding of tech analysis. Is this an inverse H+S pattern that failed to break the neckline or has the charter charted the wrong shoulders and head? Lol idk
What are your thoughts?
Looks like accumulation may be finished. Selling dried up and looks like recent breakout. I'm bullish and I have a position in this one. Large short float. Recent insider buying. One to keep an eye on!
I found this chart from a fellow tradingview.com trader and took a position today. Please comment if it's your idea! Looks to be a good pattern. Breakout above neckline today on high volume. Looks like the accumulation stage is over. Also 50% retracement from all time highs.