I would usually share trade ideas here but instead, I’d like to ask a question to the day traders among us. When you start your day, how do you pick good candidates (on the tsx) for trading on 5m or 15m timeframe. Do you stick to 1 or a few stock that you trade everyday or do you adjust daily? If you stick to the same few stocks, why those specific stocks? When...
The cross pattern is really bullish pattern that signifies resurrection of the stock
Element Fleet Management provides management services and financing for commercial vehicle and equipment fleets. There is bearish rsi divergence here. Price is rising as RSI is falling. Last time this happened, it corrected down below white line 200 ema. As for price action analysis, we're currently at a major resistance area. I see us bouncing off this level,...
Long term trend line is nicely supported and also just penetrated the medium term down trend line. Now there should be more accumulation to correct the short term up move. I the price stays outside the med term trend line to correct then there should be next sudden movement up to the level.