It’s said that three out of every four stocks will follow the trend of the general market. It’s also known that the best opportunities come when a bear market ends, and a fresh new uptrend begins. The question is, how do you know when a new uptrend starts?
The Follow Through Day
A Follow Through Day was defined by William O’Neil as “when one of the major market...
You connect the high price that test the 200ema with the recent high before that (eye ball it) and draw a trendline based on that two connections
If price breaks the trendline and the volume candle is green bar (institution footprint aka pocket pivot), then enter the trade.