$Sonoma Pharmaceuticals (SNOA.US)$ For those that got in last night or early this morning, it was a great morning.
#Kingdomtrading
#Kingdomtrading
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$Sonoma Pharmaceuticals (SNOA.US)$ $Kintara Therapeutics (KTRA.US)$ $Ashford Hospitality Trust (AHT.US)$ #Kingdomtrading
Updated every evening for the following day. Many plays already this week. $Cinedigm (CIDM.US)$ $Immutep (IMMP.US)$ just to name a couple.
Updated every evening for the following day. Many plays already this week. $Cinedigm (CIDM.US)$ $Immutep (IMMP.US)$ just to name a couple.
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Stock Scalpers
A-B-C-D Pattern
The Pattern
The ABCD pattern is extremely easy to follow and is great because so many traders still follow it. In this method a trader is simply doing what all the other traders are doing, because trading with the trend increases probability.
The beginning of the pattern starts with a sharp and strong upward price movement. From point A to point B traders are actively and aggressively buying the stock. New daily high after new high. A trader shouldnt enter the trade between A and B, they would be chasing the trade with no accurate method of placing a stop-loss.
At point B the price is already VERY overextended. After the high of point B, traders who bought the stock early begin to sell and the price drops slowly down. It is still not the right time to enter the trade, thoug
A-B-C-D Pattern
The Pattern
The ABCD pattern is extremely easy to follow and is great because so many traders still follow it. In this method a trader is simply doing what all the other traders are doing, because trading with the trend increases probability.
The beginning of the pattern starts with a sharp and strong upward price movement. From point A to point B traders are actively and aggressively buying the stock. New daily high after new high. A trader shouldnt enter the trade between A and B, they would be chasing the trade with no accurate method of placing a stop-loss.
At point B the price is already VERY overextended. After the high of point B, traders who bought the stock early begin to sell and the price drops slowly down. It is still not the right time to enter the trade, thoug
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