Monday, July 02, 2018 11:48:59 AM
SPCB...testing the $1.95 level...so do you run in and grab a 3,00 share position...?...30minute chart note the blue arrows are potential support resistance levels; its early in the parabolic move from last week...
...this is a game of patience...60 minute CCI points down..see if it wants to get oversold...(If you have no control over your FEAR of MISSING OUT then trade/buy 1/3 of a position...
30minute...I can be patient for a signal on the 30 minute chart=let the chart TELL me what its doing...not me tell it how to act just because I like the story and price potential...listening to the chart is more OBJECTIVE and should be the choice over you subjective opinion/feelings. The more objective you can be the more often your trades will show profits...
Price is more than 10% down... volume is not big... always know where the next 10 percent is...since 1.95 is being tested with no buy signals I want to have the next 10% down in my mind...(1.75) I'm not ready to say $1.95 can be considered a pivot price)
30minute..so far I can say...$1.90 is support until it isn't...
60minute...I want 60 minute to at least get oversold...
Daily...remains very overbought...
...this is a game of patience...60 minute CCI points down..see if it wants to get oversold...(If you have no control over your FEAR of MISSING OUT then trade/buy 1/3 of a position...
30minute...I can be patient for a signal on the 30 minute chart=let the chart TELL me what its doing...not me tell it how to act just because I like the story and price potential...listening to the chart is more OBJECTIVE and should be the choice over you subjective opinion/feelings. The more objective you can be the more often your trades will show profits...
Price is more than 10% down... volume is not big... always know where the next 10 percent is...since 1.95 is being tested with no buy signals I want to have the next 10% down in my mind...(1.75) I'm not ready to say $1.95 can be considered a pivot price)
30minute..so far I can say...$1.90 is support until it isn't...
60minute...I want 60 minute to at least get oversold...
Daily...remains very overbought...
Join the InvestorsHub Community
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.
