I have tracked hundreds of stocks for chart patterns.
One pattern that i have identified and love to play, is the daily consolidation pattern.
From data I have collected, approximately 14-21 days following daily consolidation, there will be a small rally in the stock.
The plan on this one has many options. Can buy common shares and sell after the rally ends. Can purchase a call option with expiration after estimated rally date (dec 4-11th).
The plan I will be following is watch for entry and take a call position no later than 11/25 (end of day) with expiration in late dec or early Jan
One pattern that i have identified and love to play, is the daily consolidation pattern.
From data I have collected, approximately 14-21 days following daily consolidation, there will be a small rally in the stock.
The plan on this one has many options. Can buy common shares and sell after the rally ends. Can purchase a call option with expiration after estimated rally date (dec 4-11th).
The plan I will be following is watch for entry and take a call position no later than 11/25 (end of day) with expiration in late dec or early Jan
better not bitter
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
better not bitter
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.