Another big week in the books. Key levels were huge as most worked out perfectly. These aren’t the markets to be guessing tops or bottoms. Let someone else find that level for you and then use those levels in your trade plan.
If you are new to the site here is a walk through showing how it all works. http://investorsunderground.com/s/PXvWe/
ARQQ Exhaustion
There were a ton of these setups this week. Look left and find where this happened last time.
SOUN Fade
Similar to the chart above. Knowing where it might exhaust and then the level where it should really break down gives you a map of how to size into and out of the trade.
BBAI Fade
You can start to see how all of these charts look alike.
WLDS Play by Play
On this one I wanted to show how it actually plays out in the chat.
HILS Sentiment Shift
If you bought this breakout looking to ride it higher, at what point do you sell because the idea isn’t working? That is where the sentiment shifts.
Have a great weekend.
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