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tombro
Not a Set up. Back in June and July SGMO met resistance in this area, and it seemed extended on 30 minute, but that alone not a trade setup. Entered also after the 2pm 5 minute candle suggested there may be sellers above....wrong! Sold when it didn't break.
It does merit watching for a 1-2-3 or Rubber Band trade.
(On 12-15 it did make a great short near the open, on a flag break)
Execution detail:
Comments
tombro
Nape! Thanks for your continued diligence! I'm kinda doing a dance with my progress, two stops forward and 1 step back. I am making progress though and I attribute a large part of it to your help. Thanks!
Nape_BOWS
As long as you are getting better everyday that's good.
Keep at it. This business takes time, so don't rush it. I'm still figuring it out as well.
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No setup here. Ema's need to be on top of the candles pushing the stock down for a clean short setup on all time frames.