This was a $150 stock the entire time. I was loading up on this while it was undervalued in the low $100's. I still believe we have room to push toward the $200's with positive earnings but I would like to see a clean predictive pullback and not rush this. Happy Trading :) - TraderDaddyOG
There was no reason to miss this trade! But if you did, there will be more opportunities for a long entry before we retest the higher time frame white selling channel above. Look for these same controlled selling algorithms to appear before getting picked up by buying continuation (ideally yellow strong) Happy Trading :) - TraderDaddyOG
Love what i'm seeing here on Morgan Stanley pre=earnings next Tuesday. I want to see us continue to build liquidity in this very controlled orange selling channel where we can then find yellow to activate and bring us further up for a breakout of orange and beyond. My price target for the next few weeks is in the $99-104 range, earnings dependent. Obviously, as...
This is what we should see going forward if we want to continue with a healthy move up to retest orange tapered selling and beyond. Happy Trading :) - TraderDaddyOG
We've been eyeing this breakout since we started to prove sell-side tapering from our strong selling algo to our more tapered teal. Since then, we've seen healthy movement and if we're looking back to a year ago, we can see a similar pattern that formed prior to a larger breakout. So here I am going to allow us to come back and retest white if that's what price...