Short Idea27/Jan/2020 10:13 AM AUTHOR: Brandon Gum
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This idea probably wont work b/c in a special environment right now. Likely better to stick to market plays right now with heightened vol???
Target is the average % range of the recent range.
Stop loss was eye balled. prob should be using an ATR for it though.
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Swedge
Trade Idea --- Daily & Weekly RSI breakouts ---Daily RSI broke out this last week on good volume.
Lets see if the Weekly is also ready to take off.
1.) looking for a MACD zero crossing and trendline break
2.) looking for RSI breakout
3.) looking for good volume
4.) GMMA(not shown, sorry) on the weekly shows compression between traders and investors
Idea came thru on the StockTradeBot Bullish MACD scan