BLY and AGO both looking good.
I'm in AGO. Wouldn't have minded BLY if I had some more capital.
Good work guys.
I have FMS as a strong candidate.
and did anybody catch CSD on the hop? (I did)
What day and price did you get in for CSD?
I'm not sure why I didn't have that on my watch list, this is one of the types of patterns that I like to trade
Another one for the watchlist: AQA (buy stop order @ 3.04). PAN & RMS also on my watchlist.
Hi kryzz. Out of interest can I ask what made you put RMS on your shortlist? I was in at 49.5 and 40 and closed out at 52.5 yesterday.
Hey mate, because it's breaking (hopefully) out of basing pattern, with good volume traits too.
Picked up a small parcel on Thursday.
One thing break-out traders should be looking for is price congestion to the left of the chart. The RMS chart shows three price levels where supply overpowered demand. These levels were 0.55, 0.60 and 0.65. The BO >0.50 puts price into this congestion. Sellers were happy to see the BO traders buying above 0.50 and they took them to the cleaners.
Trade BO's without nearby overhead resistance.
If you like this suggestion, add it to your setup checklist so you don't overlook it next time.
View attachment 50536
........... does the huge selldown on high volume today auger something else?
One thing break-out traders should be looking for is price congestion to the left of the chart. The RMS chart shows three price levels where supply overpowered demand...............
Sellers were happy to see the BO traders buying above 0.50 and they took them to the cleaners.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?