Saturday, May 26, 2018

Chapter 1.2: NOW

May 26, 2018 Posted by Bazinga , No comments
Stock: NOW
Date: 05.27.2018
Previous Post: Click here

So my trading strategy was to buy near the midline of the first darvas box or buy @ the breakout.
Apparently, it broke out so assuming i was able to enter @ 9.48 which already 1% more of the darvas box resistance, i would have gained 20% profit. Whoo Whoo ~~

Sadly, i wasn't able to because i'm waiting for my COL account to be opened. hahahha

Anyways, going back, we can enter this trade as a bounce play.

Indicators are really good.

RSI @ 66. Pattern is forming higher highs and lower lows rule.
Above of our  midline support which is .50 of fib.
MACD looks good
AOTS formed.

If i will trade, will buy @ the opening price of  05.28.18. Cut loss @ the midline and sell on the resistance level in tranches.





















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