4 Time 60 Day Challenge Winner, Swing Trader, Traveller. Photographer, Chartered Accountant, Painting Contractor & a Full Time Dad of Twins
Jul 8, 2022 • 9 tweets • 4 min read
What I Look for in a High Tight Flag
- The best of Flags happen when they are not in stage 2 but when they move from Stage 1, 3 or 4. I always prefer the ones moving out of such stages because such moves are always moves created by institutions.
#trading#stocks#Stock#IBD
HTF or Powerplay requires 100% in 8 weeks. What I have found in Indian markets is that, flag like muted selling happens around a 75% mark itself and if we are looking for a 100% move, we might even end up missing it. I use a 75% in 6 weeks condition to filter.
