Top 10 price action (secrets) lessons which I learned after 6 years of experiences.
1⃣ - When market recover the strongest stocks recover very fast & will ready for new high
Ex -#gael
after correction of #nifty , it fell then again recovered very fast & furious way
2⃣ - If stock never come to retest it's weekly & monthly breakout zone then the chances of it's 2x is much more.
Ex - #datamatic after BO 5 year never retest BO zone & consolidating near high.
Chances of it's 2x is much more 🌠
3️⃣ If stock is giving BO of all time high or more then 1 year range with high volume then it can give 20/30% return in few weeks.
Ex -#mawana sugar after given 1 year BO of all time high given 22% return in 4 days
4⃣ - If its sector & market both are silent & only few stocks are trying to breakout then the chances of it's failure is very high.
Ex - #hindoilexp
In jan /feb trying to BO but market & sector didn't support so failed 👎
5⃣ - If stock is accumulating or standing near it's big resistance or support then it's chances of BO /BD is much more.
Ex - #sapphire food
From past 7 days was standing near major resistance chances of BO is very high....
✅Next 5 lessons I already shared in my YouTube channel 👇
And that 👇 5 lessons give you different perspective of price action.
You can also watch blasting stocks of the week ( Video series )👇
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.