Sunday, May 20, 2018

Chapter 1.1: Now - Watchlist

May 20, 2018 Posted by Bazinga No comments

Stock: Now


Weekly Chart:
  • +AOTS
  • - MACD
  • +VOL

Daily Chart:
  • - MACD
  • - AOTS
  • - VOL

Sitting on 100 MA.

Market is consolidating. Planning to trade in the sideways. Will use Darvas' box


Charting:


  1. Identify support and resistance.
  2. Identify midline.

Trading Strategy:

Depending on the market movement, will either buy at the breakout or will buy on the support level @ 6.89 with cut loss in place.



We will see in the next couple of days.


Adios amigos


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