PRESTIGE bullish; above 1415 ? - Friday 3-May.

3. Mai

The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...

SWING Trading Strategy:

Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)

INTRADAY Trading Strategy:

1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within five to 15 minutes. "High Risk Traders" buy in hope of another 2% upmove intraday.
"High Risk Traders" patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also

2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage

3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.

Both Safe Traders/High Risk Traders book profits at this stage


This do not constitute, financial, investment, trading, or other types of advice or recommendation.

3. Mai

Anmerkung

Triggered @1415

3. Mai

Anmerkung

1428 now.. Up 1%

3. Mai

Anmerkung

moving well @1438

3. Mai

Anmerkung

looks like a high @ 1438 ... momentum only above 1431

3. Mai

Anmerkung

1460 now... over 3%

3. Mai

Anmerkung

made a high of 1480... Over 4.5% in bearish market!!