Discussion in 'Strategy Development' started by Risepoint1879, May 14, 2019.
Would you trade this as a range?
The info you provided is limited.
Would you trade?
Market can continue to go down,
or reverse direction and go up,
or refuse to move.
not enough price history to make this determination. Was price trending previously or was it ranging for a long time ? Also, I need to see volume and the previous days intraday price movement. Price tends to move in 2's. 2 days of similar type of movement.
Not enough info or too limited.
Show 10x more bars to better understand the price action...at least 300 intervals. Yet, if you're just scalping and not dependent upon charts...the may be a trade there.
Yes if those candles were 5 hours+ 52 week HI was 80 or $88.Also rightly assume its not a DOW stock-tends to underperform. BUT as a reality check, SQ is below 200 dma, 50 dma; elephants+ bears are selling it. But good liquidity; not as good as QQQ in any measure + QQQ pays a dividend.Good question
But your SQ trend is >>> LEVI trend+ i cut a loss on that one; great jeans, not much of trend.,
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