Support Level: $55
Resistance Level: Approximately $59.5, the 52-week high breakout point.
The identified support around $55 is fortified by the stock's clear consolidation and is critical for stop loss settings. Resistance is cited at the 52-week high, where pressure from traders could instigate further bullish momentum upon a breakout.
Entry Consideration: $60.00
Dan’l : $Greenbrier Companies (GBX.US)$ is too close to that point where my fingers get all twitchy, due to mixed signals from my brain: tap..no…wait..now..no…
Iwill TradeScared OP Dan’l : That’s feeling happens when you have lot of supply of money it’s better to practice habit of emotional detachment of feelings like fear of missing, regrets etc , i am trying to trade part time due to limited supply of money I have no option to wait for my level of patience to wait for best setups out there just sharing thought so if I missed other will grab opportunity giving money idea if have no money is still good trade
Iwill TradeScared OP Dan’l : You see my previous united airline call it’s already 75$ from 60$ there is always opportunity so wait before jumping in learn the process I have no fomo problem these days
Dan’l Iwill TradeScared OP : “That’s feeling happens when you have lot of supply of money…”
I am less risk averse than most, due in part to my limited supply of money and, more importantly, of time; both are relative measures, but all of the basic principles remain the same.
“…it’s better to practice habit of emotional detachment of feelings like fear of missing, regrets etc.”
Absolutely true.
“I am trying to trade part time due to limited supply of money I have no option to wait for my level of patience to wait for best setups out there…”
Absolutely not true.
You can only invest the money and time that you have, but can still patiently wait for the best opportunities.
It is your generous nature, sharing your ideas with others here, that earned you my follow (and, I’m pretty sure God will bless you for that as well ~;-)
Iwill TradeScared OP Dan’l : Thanks man for feedback highly appreciated I will try my best to give and make most