Dezso
Long

Simlple Resistance Breakout - Simple Money

NYSE:AWK   AMERICAN WATER WORKS COMPANY INC
27 1 4
"AWK" Showed strong support/resistance , however was going to test the resistance once again. The best way to manage risk in this scenario is to form two positions as seen above, knowing that the stock will deviate from the resistance line once it meets/crosses. Unless news or another piece of compelling evidence sways your outlook in terms of breaking out of the resistance barrier, or continuing to fall within the support/resistance , short/long accordingly. Note that my first three posts were published privately, with no ability to change to public status. So in other words, forced me to republish the backdated version in current time.

This one was good. To explain the psychology, good news = buying, then selling by day traders and probably some big money guys = increased selling drives price down and people sell out their owned shares probably out of fear/stop loss hit. Then once price is low enough, previously mentioned big money guys buy more, and that's why price is now higher.
Antworten
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden