Currently stock price near P.High (Previous High) which acts as strong resistance, Current stock news with USA golden defense shield (wutever it called) support the stock to change tides and to start moving UP strongly.
Each Take Profit Line is where you focus and check for any selling pressure to secure your profit as swing trader if you mid term trader just wait till it hits the last Take Profit Line.
In worse case scenario if price didnt go Above Current strong resistacne (which I strongly believe it will go higher and go through it easily) the P.Low(Previous Low) Acts as Strong Support level for safest entry.
And to get in easily and safely wait for this scenario to happen:
Scenarios One: strong buying volume with reversal Candle.
Any Pre-market strong buying also Confirm the direction from current price level.
Both indicate buyers stepping in strongly. NEVER Join in unless one showed up.
Note: at Take Profit Lines Always watch out for any selling pressure to exist your position and secure profit.
Each Take Profit Line is where you focus and check for any selling pressure to secure your profit as swing trader if you mid term trader just wait till it hits the last Take Profit Line.
In worse case scenario if price didnt go Above Current strong resistacne (which I strongly believe it will go higher and go through it easily) the P.Low(Previous Low) Acts as Strong Support level for safest entry.
And to get in easily and safely wait for this scenario to happen:
Scenarios One: strong buying volume with reversal Candle.
Any Pre-market strong buying also Confirm the direction from current price level.
Both indicate buyers stepping in strongly. NEVER Join in unless one showed up.
Note: at Take Profit Lines Always watch out for any selling pressure to exist your position and secure profit.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.