1. check the previous swing higha, these can be resistance
2. check moving average resistance if price is under. moving average also act as resistance if price is under.
3. check Fibonacci extension if price break out and above moving average
4. check if there's flush up price action ( vertically 90 degrees)
if you don't feel like selling all, can sell a portion to preserve cash.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
269
Report
Login to post
Great article, wod you like to share it?@夜雨声烦 @Pilates @MKTrader @_海阔天空_ @热爱105度 PUPCUPS @LiverpoolRed