@traderz@AOTtrades I’ve been really learning a lot with your additional timeframe perspectives. This was one I felt confident taking because of your tweets throughout the year. Really appreciate it!
@AOTtrades How do you determine the type of DAY TRADE you take from today's price action in $SOXL? It reversed in the morning after the big 10%+ pullback and if you took that trade, would you still consider the R2G after such a big move? Just trying to get advisement on risk management.
@AOTtrades Would $HIMS be considered for an ONH? Well over 2x Volume and over 10% Short Interest, closing toward top. Some positive volume spikes post earnings. Thoughts, did it pull back too much?
@AOTtrades Thanks for the insight! So I understand a little better, what is it about this volume pattern that has you cut the trade over our other swing $DELL? Is it the relative volume?
@AOTtrades Awesome! Thanks for clarifying. I thought it was the latter and we were trying to take advantage of the -% with previous day close as a PT. Now I understand it's about confirming strength and continuing the move forward with the "Going Green" being confirmation.
@AOTtrades Making sure I understand R2G correctly, I've read the blog as well. So just trying to clarify, you don't purchase until the stock goes above previous day's close? Meaning Green. Or is it when the stock on the intraday starts to move above ITS opening price? Aka Green.
@AOTtrades This has been a great educational week for me, some usual faults I’ve fallen victim to have been clarified and some great new tools added to the arsenal. Not to mention your voice of reason throughout the week has been extremely helpful!
@AOTtrades When anticipating a R2G move like this, how much RED do you anticipate? Do you have your stop just below the weekly chart, Daily 200 EMA, or is a case by case?