I bought my position today
The reasons:
1. Low-risk entry
2. IPO base on low cheat pivot
3. Similar to Google's IPO in August 2004,
OMED in the weekly timeframe looks more similar.
Flaw:
The general market is currently declining, the breakouts prone to failure.
The reasons:
1. Low-risk entry
2. IPO base on low cheat pivot
3. Similar to Google's IPO in August 2004,
OMED in the weekly timeframe looks more similar.Flaw:
The general market is currently declining, the breakouts prone to failure.
Trade active
I like to see if it can pause/tighten up for one or two days below 232 from here. Then, I'll add to my position.Trade closed: stop reached
I got stopped out at avg of -%5 loss today.Trade closed: 18.01.2023
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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.