bought on 11th Jan at this point:
might:
EP: $43.5
SL: $42.32 (2.71%)
conditions:
1)trend in place (small EMA above big EMA)
2) good volumes
3) ATR declining
4) ~12% correction
5) price very close to EMA21 & EMA50
6) price acting 2weeks: 1st week there's shakeout,
but following day buyer sending back in the EMA21 area
(bullish sign = tennis ball action)
might:
EP: $43.5
SL: $42.32 (2.71%)
conditions:
1)trend in place (small EMA above big EMA)
2) good volumes
3) ATR declining
4) ~12% correction
5) price very close to EMA21 & EMA50
6) price acting 2weeks: 1st week there's shakeout,
but following day buyer sending back in the EMA21 area
(bullish sign = tennis ball action)