This is how you can trade $RDBX for max profit Hi traders,
Our trading idea today is in RDBX stock.
The idea is to wait for the stock to go down to the support level of $10.5 and from there take a starter position and build our position when our idea seems to be realized.
We call the trade the "Red to Green" trade.
Good luck and a green week to everyone.
Redtogreen
THE RED TO GREEN AND GREEN TO RED ENTRY STRATEGYHi guys
made 2 good trades using this strategy for my entries
- plot the daily open line on your charts and previous day close
- base your entries using the break of the daily open line
- use this strategy with other indicators :
ex for me i use VWAP, 9 EMA 5min and pattern such as flag or triangle to time my entries intraday
the best situation is when you have some consolidation at the daily open line level on the 5 min time frame or lower before entering the trade so it defines a clear stop zone before you take the trade
have a good one
Semi-Longterm.. red to green & run ?I have been in since 81 cents.. I projected then that was the last tap at that r/s line and would finally break and stay above, at the time I was shooting for 1.25, now I'm thinking 1.50, I just bought more at 1.03 when it dipped, it seems like it's flagging and I feel it's going to continue heading North.. though some feel that star was a reversal signal - your thoughts?
It could also have been a simple dollar play, in at 81 out at 102-110.. and short it as it falls back into the 60's.. lol hope not, but anything is possible. Let me know your thoughts, J
Red to GreenI think it will go red to green for today, and get between 95 and 102 and then possibly once it gets there to the previous high that will complete another cup and it might red to green again to the earlier previous high between 113 and 125, I'm in and willing to hold a day or two to see what happens.. I like this for at least $1 and more than likely 105 - you agree?
*sidenote. . the newest cup may be wider than what I have on here
$CTRP red to green long$CTRP recently broke out of resistance, so i'm going to be watching for a possible red to green move right out of the gate tomorrow morning!
