Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed...
Marked swing Points, trend lines and Fibonacci level can be used for trading along with some momentum indicators.
Try to lookout for confluence of these parameters, don't trade solely using any one of these parameters.
P.S: This is not an investment advice. This is for learning purposes only. This is my personal journal.
Invest your capital at your own risk.
This one had very bad days in the past , i am looking this would be the last drop before it starts making a New Impulse leg up , one can look for investment opportunity
any Gap down on bad News , Take the opportunity in Small investment let some 500 USD run in cash , the down side would be limited to loss of the capital but the Up side has potential of...
This scrip has made its complete one cycle of impulse & Correction , and its due for rally , but rally isn't coming that easy , wait for bail out package which in discussion
and you can look to Go long with strong daily close above 3 % in price range , this move will eventually will move further higher high due to expected 5 G development in coming years...