pootpoot
OP
Rvin
:
i exit based on resistance hourly chart 20ma. can be right can be wrong sometimes. but oversold RSI hardly can be wrong for a quick swing :)
pootpoot
OP
Master Corgi
:
so pink circle is the line of the declining lower end. buy point. yellow circle is 20ma hourly. (if u use 5mins u can see some sell off.) if it clears hourly its a move towards 50ma hourly (132) same thing it will sell off also.. if it clears. follow by 200ma lor. all these subject to spy movement also.. u can clearly see spy in a very small rangebound consolidation.. so obviously have to see whats the fed meeting outcome.
goodfortune : Without proper knowledge can’t earn most of the time… so this is not fun…
Rvin : need to learn from you on when to exit
pootpoot OP Rvin : i exit based on resistance hourly chart 20ma. can be right can be wrong sometimes. but oversold RSI hardly can be wrong for a quick swing :)
Rvin : cos me thinking of 132.2 haha
Master Corgi pootpoot OP : Can you show your chart cause I’m not seeing any resistance at that level lol
pootpoot OP Master Corgi : so pink circle is the line of the declining lower end. buy point. yellow circle is 20ma hourly. (if u use 5mins u can see some sell off.) if it clears hourly its a move towards 50ma hourly (132) same thing it will sell off also.. if it clears. follow by 200ma lor. all these subject to spy movement also.. u can clearly see spy in a very small rangebound consolidation.. so obviously have to see whats the fed meeting outcome.
Master Corgi pootpoot OP : What timeframe?
pootpoot OP Master Corgi : quick swings I use hourly and 4hour. mostly hourly
pootpoot OP Master Corgi : nvda rsi was 33. its a very high probablity trade. but depends your outlook on nvda. we are 2 months away to next earnings.
Master Corgi pootpoot OP : I have similiar charts read wrongly earlier. I thought you bought on 20ma resistance hahaha
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