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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: skier31 who wrote (83443)1/11/2024 11:35:00 AM
From: Sun Tzu2 Recommendations

Recommended By
ajtj99
skier31

  Respond to of 97642
 
222 registers as a potential inflection point on my 4hr chart. And since all my levels are +/- 1ATR, then it your HOP is well within range.

One of the keys to both my system and the harmonic system is that levels by themself don't mean much. It is only when you get the momentum (HSI, RSI, etc) confirming a reversal that they matter.

I will take some profits around that level, if I see the momentum fading and the stock moving above its MA.