Day Trading Technical Analysis in the stock market

Discussion in 'Journals' started by Arkasha, Apr 27, 2019.

  1. Arkasha

    Arkasha

    Still found a trade and wasn't even looking for one. I was just checking my watch list and. ACB has been moving since the opening bell. The most important formation that I see on this chart is the inverted head and shoulders pattern within another inverted head and shoulders pattern. So not one, but, 2 back to back patterns that are very strong and the formation looks correct for a run up in price! We have multiple confirmations of higher prices. Looks like price action has found support at a pivot point level and started heading higher breaking important levels of resistance which is confirming the move higher! Looks like price action forming significant candlesticks just before moving higher! Price action is also being supported by the EMA"S! Leg 1 is completed, this is leg 2 of the pattern!

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    #51     May 15, 2019
  2. Arkasha

    Arkasha

    Back from Vacation, got a couple trades on the board already, all in the green so far!
     
    #52     May 22, 2019
  3. Arkasha

    Arkasha

    I haven't had any time to post my trades here, I entered the NASDAQ trading competition, which I am leading at the current moment, still 20 days to go, hopefully ill be posting back after the trading competition ends!!!
     
    #53     Jun 7, 2019