The green arrows are where I entered the trade. I'm looking for narrow 15 or 30 minute candles that are confirmed by a "flag" consolidation on the 5 minute chart.
This summer was the first time I've shorted a stock in 5 years of trading. I'll have to admit that I was a bit concerned by the SEC's finagling of market rules. We'll see if this "recovery" changes any attitudes.
Stocks to Watch 2020
-
I posted an abbreviated list of “Stocks to Watch 2020” on January 1st prior
to completing my detailed analysis but now it is complete and pasted below.
All...
Bullish Breakouts and Trend Continuity in 2017
-
In the heat of battle, it’s often helpful to raise your perspective to
higher ground. That’s what we’re doing here with the clear price patterns
and breako...
4 comments:
What do you see at the green arrows that makes you want to short the stock?
It looks like you go short most of the time. I hope the SEC doesn't end your trading for a while.
The green arrows are where I entered the trade. I'm looking for narrow 15 or 30 minute candles that are confirmed by a "flag" consolidation on the 5 minute chart.
This summer was the first time I've shorted a stock in 5 years of trading. I'll have to admit that I was a bit concerned by the SEC's finagling of market rules. We'll see if this "recovery" changes any attitudes.
Post a Comment