GD to $252
My trading plan is very simple.
I buy or sell when:
* Price tags the top or bottom of parallel channel zones
* Money flow spikes above it's Bollinger Bands
* Price at Fibonacci levels
So...
Here's why I'm picking this symbol to do the thing.
Price in buying zone at bottom of channels (period 52 & 26)
Stochastic Momentum Index (SMI) at oversold level
Money flow momentum is spiked negative and under bottom of Bollinger Band
Entry at $241.66
Stop loss at $240
Target is $252 or channel top
I buy or sell when:
* Price tags the top or bottom of parallel channel zones
* Money flow spikes above it's Bollinger Bands
* Price at Fibonacci levels
So...
Here's why I'm picking this symbol to do the thing.
Price in buying zone at bottom of channels (period 52 & 26)
Stochastic Momentum Index (SMI) at oversold level
Money flow momentum is spiked negative and under bottom of Bollinger Band
Entry at $241.66
Stop loss at $240
Target is $252 or channel top
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.