An intraday high potential, Back Tested Long Analysis. We ll try to enter into the correction of the uptrend movement. DETAILS ON THE CHART NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
Write sometning about your psyhology thinking before trade? I am ok and prepare to trade. Because I calculate the positive januar the year should be up and because of that I became bullish. Describe the trade. What you see? This is a ascenditng triangle and the price will go throug resistance and advance substatialy What have I done well for this trade? enter...
EC broke out today. We are seeing an extending 3rd Wave. Update to related idea. -AB
ECOPETROL NYSE:EC is currently undergoing an extended Cycle Wave 1. The Chart currently is showing a BULL FLAG and is looking to break out. Near-term (3-6 Month Target): $30 -AB
Description on the chart ... See the related idea How to play the trend I - BTC study case
I've been a holder of $EC common longs since $18.50s. I think it will do well throughout 2018.
I have commons in this name from $17.59 avg built last week. I see this as a long term oil play.
look at EC its beautiful deep buy i can see the hammer with huge volume confirmation to the upside! i don't event have to trace trend lines for that the trend is your feriend and the trend pays!
Playing a trade simulator game: I took a chance and bought 1000 shares at $15.43 on 3JAN18. On 4JAN18 I set a trailing stop at 20 cents. It executed that day at $16.65. Profit of $1220 less fees. I might try that again next week. Strong buy signals remain for short-, medium-, and long-term investing. At this point what could signal a downturn before a drop in price???