A good time to buy Trx was at the buy zone as I was late to posting this idea. I was fortunate enough to pick up some Tron at my Target buy zone. We can expect Tron to rise and reach our target sell zones. Possible entry point if late to the party is in the 340's range, but the absolute best was in the buy zone. Otherwise wait for a short signal at the sell zone. Use proper stop-loss as the market is unpredictable. Analysis in the chart.
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After shorting Tron down to .332 we ride the wave back up. There maybe a second chance to get in with a bounce back towards the buy area. Patience is key
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Justin tweeted about a huge announcement with a 10's of billion dollar company. Is this meaningful? Who cares right? We only care about the trades. Buy the rumor sell the news has always been profitable in this space. This tweet adds more leverage for our long position, but be ready when its announced for a possible dump. Trailing stops is your best friend. Happy trading!
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