How to get long news pieces

٢٣ يوليو ٢٠١٥

Remember that its easier to join the trend rather than fighting it.

To play long (with the trend in this case) on a positive news release:

• make sure enough relative volume came in on the initial spike
  
  
  
• let it pull back to vwap then buy it with high of the day as potential target only if the risk/reward makes sense (3to1 at least)