Wednesday, May 28, 2014 3:09:22 PM
MNGA $1.54 - 15 Min chart - If interested. I enter and exit on 15 min charts. I choose stocks on the Daily and look at the Weekly for overall guidance, but choose on Daily and enter / exit on 15 Min. That's just my style.
If interested, here's the 15 Min chart for MNGA, and some notations, showing the last spike of price and the RSI peaks. When I typically see three peaks close by (of RSI) on a 15 Min chart, that's my exit - IF AND ONLY IF - the Daily chart has been exhausted, or I think no more room to run, and/or, if i want to lock in gains. Just something for you to look at if interested. As always, stick to your plan :)
Per the previous 3rd peak, it started to fall. Lock in Gains?? Just a thought.
If interested, here's the 15 Min chart for MNGA, and some notations, showing the last spike of price and the RSI peaks. When I typically see three peaks close by (of RSI) on a 15 Min chart, that's my exit - IF AND ONLY IF - the Daily chart has been exhausted, or I think no more room to run, and/or, if i want to lock in gains. Just something for you to look at if interested. As always, stick to your plan :)
Per the previous 3rd peak, it started to fall. Lock in Gains?? Just a thought.
These thoughts are just mine, not right, not wrong, just thoughts. Invest in what you believe in, not what I believe in. Do your research, and invest in the facts.
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