I've Got a Good Idea
Missed Trade Opportunity
I was looking at a chart of AVTX and I noticed that I missed a trade opportunity. The price broke out of a wedge formation to the upside. Apparently, there were a lot of investors watching and trading the wedge pattern as there was a high amount of relative volume associated with the day of the breakout.
The breakout was short-lived, but there could very well be more upside. Either way it goes, this would have been a great day trade opportunity.
Dynamic Trade Alerts
I think it would be a good idea to add a feature that would send alert notifications once the price of a specified stock crosses above or below a trendline that I have put in my charts. Similar to the price breaking out of the wedge pattern with AVTX. There are just too many things to watch every day that I miss out on a lot of trade opportunities.
The price point for the trade alert notification should change daily with the price point on the trendline that changes on a day-to-day basis.
Easy Decision
I think this would be a great idea. It's a win-win for traders and the platform. After all, this feature would be profitable for investors and businesses alike.
So, what do you think Moo'ers. Do you think it would be a good idea to add something like a dynamic trade alert feature.
As always, I am not a financial professional, and this is not investment advice. Be careful and be patient. Dont anticipate the market. Rather, participate in the market. Give your investments time. Don't be greedy. Don't invest in anything you don't understand. Don't put all of your eggs in one basket. Don't listen to the hype. Don't fomo or panic into or out of trades. Do your own due diligence. And just follow the trends. A trend is your friend. Good luck trading.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Trade the trends via technical, fundamental, and macro analysis. Day Trades, swing trades, and long-term investments.
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SpyderCall OP Johnny Mnemonic : I've been following it since that huge pop in price some weeks ago.
SpyderCall OP Johnny Mnemonic : Nice tag name by the way. Love that movie
MonkeyGee : DIDIY is forming the same wedge.
SpyderCall OP MonkeyGee : I saw that. It is kind of like a wedge pattern within a price range type of setup.
SpyderCall OP : @moomoo PM
Can you check out this suggestion.
If a lot of other moo'ers think it's a good idea I hope you will consider it. I know it would help me greatly for sure.
Moomoo Lily SpyderCall OP : Dear mooer, The advice has been forwarded to the related team. Thank you for your support！ @ShinePlease help to assess it.
SpyderCall OP Moomoo Lily : I appreciate it. Thanks
MoonWalker777 : If no bad news pertaining to the stock shows up at the most inconvenient time. I, too, have studied and searched for potential outbreaks using graphs, but it seems usually too often, some kind of negative news derails the potential breakout.
SpyderCall OP MoonWalker777 : You are right. It happens all of the time. That is why I only trade the trends. Bad news can come at random. So if the stock has a history or a "trend" of the price falling over a long period of time no matter what the narrative is, then I would likely stay away from the stock. Or I will make any long trade a very short-term swing trade, likely a day trade. If the stock has a good history of increasing in price throughout its lifetime then I would be more inclined to hold longer, or I would be less fearful that the price will drop out of the blue.
As an example with AVTX, I would only swing trade this companies stock simply based on how the charts look structuraly. The price of this company is in a very long-term downtrend. And any time the shares start to climb, then something, for one reason or another, brings the price back down. Personally, I have seen too many small companies get delisted. So I would only hold any trade with AVTX as long as it is going up. As soon as I see the uptrend losing strength, then I will sell. I would not want to get caught holding a bag. But that is me, I am much more of a trader, rather than a long-term investor.
If AVTX was in a long-term uptrend, or if it has formed somewhat of a bottoming pattern, or had some legitimate breakthough within the company, then I might think of holding a trade longer.
Stockmarker : Will it still go uptrend follow by the r/s on December 5th, I hope it will not end up like another $T2 Biosystems (TTOO.US)$
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