Here is an example of finding exhaustion at the big boards. I planned the trade and traded the plan at GORO. but without a plan my TIPS; would have signaled exit today. If I was holding for reversal/ more/ all I could get. Actually with my low risk trading style, I'd have sold yesterday @ 6.15.
The more you see something happen, the more you can rely on it !
Big board exhaustion TIP: Volume to before run/ largest or gap up candle/ top candle tails little price increase Equals exhaustion
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.