Here are the key things to see in this setup - and why its picture perfect
Dont chase - buy pullbacks to the 21 ema only
- Volatility compression before launch from 1000 - classic Minervini style VCP
- Higher volumes on the push off from 1000
- Momentum on daily turning positive
- Earning coming up- obviously people in the know are in
- Relentless buying above 1020 - absolutely no pull backs
Dont chase - buy pullbacks to the 21 ema only
تم فتح الصفقة:
Sunpharma moving in the right direction. There was a shakeout at 1050 - back to 1030. But strong traders shud have stayed with it.
Successful trading is all about confidence in an environment where you know that anything can happen!
Successful trading is all about confidence in an environment where you know that anything can happen!
تعليق:
Alright - if you bought in early you are probably happy. Calls were cheap as well. Stay in this as this is probably an earnings run
أغلقت الصفقة: تم الوصول للهدف:
Take profits if playing for this month expiry - in cash can continue to hold
تم فتح الصفقة:
Keep holding in cash if u have this on
Best advice ever - Cut your position size by half.