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SWING TRADING STRATEGY FOR RANGE BOUND STOCKS
A Thread :
Using Concept of Support and Resistance
Using Minimum StopLoss
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1/n
A Thread :
Using Concept of Support and Resistance
Using Minimum StopLoss
Retweet And Share !
1/n
THESIS:
đź“ŚWe are looking for stocks that are in consolidation
đź“ŚThese stocks when hit demand zone provide excellent Risk Reward opportunity
đź“ŚThese will be all key moving averages hence will not be in momentum
2/n
đź“ŚWe are looking for stocks that are in consolidation
đź“ŚThese stocks when hit demand zone provide excellent Risk Reward opportunity
đź“ŚThese will be all key moving averages hence will not be in momentum
2/n
How to draw?
đź“ŚLook for stocks that are in consolidation for a very long time
đź“ŚUse Rectangle tool to make a range for the box from high to low of the price
⌛️Keep alerts at higher point of support and Buy when the alerts hit .
đź“ŚWe are using the simple concept of Support.
3/n
đź“ŚLook for stocks that are in consolidation for a very long time
đź“ŚUse Rectangle tool to make a range for the box from high to low of the price
⌛️Keep alerts at higher point of support and Buy when the alerts hit .
đź“ŚWe are using the simple concept of Support.
3/n
