I HAVE ANSWER FOR YOU. BUT ITS PROBABLY NOT WHAT YOU EXPECT IT TO BE. IT IS NOT A MATTER OF WHAT INDICATORS I USE. I DO YOU INDICATORS IN NASDAQ, VWAP , SUPPORT AND RESISTANCE, CANDLE SIZE, BREAK OUT KEY POINTS, VOLUME, RISK VS REWARD RATIOS AND SO ON, IN PINKY LAND , YOUR ONLY "INDICATOR" IS :
1. UP AND COMING POTENTIAL NEWS CATALYST.
2. VOLUME
3. YOUR RISK VS REWARD
ALL BOILS DOWN TO #3
HOW MUCH YOU ARE WILLING TO RISK VS REWARD.
IF I GET IN AT 0.0090 AND GET OUT IF below 0.0080 (support) HITS...YOU LOSE 12% to 15%...However the upside potential is minimum 50% to 500%. You do the math.
THE REASON WHY I THINK THE CHART IS PRIMED IS BECAUSE IT HIT PREVIOUS RESISTANCE AT 0.0090 AND NOW ITS BOUNCED OFF IT, WHICH IS NOW SUPPORT...NOTICE TODAYS CANDLE HAS HIGHER LOWS..ITS A STRONG SIGN...LEARN TO UNDERSTAND SECRETS OF HIDDEN CANDLES LIKE I JUST DESCRIBED
ITS NOT TO SAY, THIS WON'T DROP LOWER...IT IS FOR YOU TO UNDERSTAND AND GIVE YOU BETTER , MORE CLEAR VIEW OF YOUR RISK VS REWARD RATIO.
(DISCLAIMER) Never buy or sell based on one person's opinion ; And do your own DD thoroughly before jumping into any stock !!
