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Follow These 3 Steps To Determine Price Action
3M Company
Long
Follow These 3 Steps To Determine Price Action
By lubosi
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Nov 12
1
Nov 12
The gap between the rich and poor has become
more evident
yesterday I had a conversation with
One of my brothers about a friend
who was looking for a job but lucked the courage
and faith to find one..
Even in his turmoil, I encouraged him
with knowledge bout capitalism and entrepreneurship
Because he was so discouraged I had nothing else
to inspire him with
excerpt the knowledge on capitalism
and entrepreneurship
this was way before I mastered how to trade
today he found a good blue-collar
education and will be getting ready
to enter the labour market
No matter what level you are in life
whether you are at a white collar
job or blue-collar job
Capitalism will help you
This is why I developed the
rocket booster
strategy
Its a trend analysis system
to help you understand the price action
of a stock price
In this case we are looking at
MMM
this company is about to have a dividend
reporting this very week
This type of news is a catalyst to this
current price action.
So the question is what is the price action?
So you can determine the price action
in the following 3 steps...
(1)The price has to be above the 50 EMA
(2)The price has to be above the 200 EMA
(3)The price has to gap up
There is a market cycle going on
and its hard to see it especially
when you are beginning
You see once you understand
market cycles every day you
will be able to see these prices.
But that's professional trading.
To learn more Rocket Boost this content
Disclaimer: Trading is risky you will
lose money whether you like it or not.
Please learn risk management and profit-taking
strategies.
Chart Patterns
tradingview
Trend Analysis
lubosi
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