Fake Breakout : Price crosses over the resistance but does not get follow through. Bearish Engulfing is seen at these levels.
Legit Breakout : Price crosses over the resistance & gets follow through. Pin Bar is ideal candle at these levels.
More from PriceNpedia
More from Stockslearnings
Thread's on:
• How to find targets and exit criteria?
• Shanon's Demon (Investing)
• Tradingview scanner- Intraday/BTST
• 90-degree angle inflection point for profit-booking
• Importance of Leverage
Other cool tweets as well.
🧵Shannon's Demon - an investing "thought exercise"
This account writes the best threads, if you like the threads I make, you will surely love this account. Must
1/
— 10-K Diver (@10kdiver) October 23, 2021
Get a cup of coffee.
In this thread, I'll walk you through Shannon's Demon.
This is an investing "thought exercise" -- posed by the great scientist Claude Shannon.
Solving this exercise can teach us a lot about favorable vs unfavorable long-term bets, position sizing, etc.
🧵Finding expected targets and exit criteria to look for to exit the
How to find out the expected targets and what should be the exit criteria when you enter a trade - \U0001f9f5
— Sheetal Rijhwani (@RijhwaniSheetal) October 25, 2021
Possible ways to find out the target:
Check if any patterns forming - it gets quite easy to figure out the targets that way. (1/15)
🧵Trading View Scanner process to trade in momentum stocks.
Trading view scanner process -
— Vikrant (@Trading0secrets) October 23, 2021
1 - open trading view in your browser and select stock scanner in left corner down side .
2 - touch the percentage% gain change ( and u can see higest gainer of today) https://t.co/GGWSZXYMth
🧵90-degree angle inflection point for
The 90 degree angle inflection point in a stock is a signal to book profit
— Nikita Poojary (@niki_poojary) October 24, 2021
Lets understand with a recent example of a stock #IRCTC \U0001f683\U0001f68b
Time for a thread\U0001f9f5
10% more gains to 127.75 !! 🍻🔥🚀
Expecting it to consolidate now in coming days before a final move to 145-150 levels. #Copper RSI is overheated and needs to cool down.
Negative divergence building up on hourly charts. https://t.co/sBU4O6QZsq
#HindCopper
— Anchit Goel (@anchitsays) February 23, 2021
20% Upper Circuit at 118.05 now!! \U0001f389\U0001fa85\U0001f525\U0001f680\U0001f973\U0001f37b\U0001f60d
Conviction and patience has given excellent results. https://t.co/T5y2CBY9Lt pic.twitter.com/xvDeR91PkL
Friends,
— Pankaj DP (@voPAtrader) May 8, 2021
I am planning to write Stock mkt related thread (/writeup) on..
WHY STUFF WORK?
E.g. Why prior Support acts as Resistance?
If u have such questions related to Data/ TA, DM me. If possible, I shall incorporate reasoning for that as well.....#learning #stocks