LOW, ACAD

    Posted by matt on 12th of Oct 2021 at 11:07 am

    LOW - Chart Link - chart has held up so well

    ACAD - Chart Link - basing pattern

    Update: LOW, ACAD

    Posted by matt on 12th of Oct 2021 at 01:29 pm

    ACAD - Chart Link testing that resistance

    I like ACAD.  Buying.

    Posted by fredsaid on 12th of Oct 2021 at 11:14 am

    I like ACAD.  Buying.

    I also like ACAD. Nice

    Posted by timebandit on 12th of Oct 2021 at 11:48 am

    I also like ACAD. Nice MACD divergence on the weekly (can sort of see it on the daily, but clearer here)

    using your ACAD as an

    Posted by matt on 12th of Oct 2021 at 12:15 pm

    using your ACAD as an example - here's one of my favorite low risk trade setups - it involves price closing below the lower Bollinger Bands for 3 - 5 bars on one time frame, for ACAD it was on a weekly chart, however that doesn't matter, I use these an 5 min charts as well. 

    So you had the lower Bollinger band condition on the weekly - that triggered you to zoom to a smaller time frame daily chart for a trigger - which you got in the form of a MACD KISS - Stochastic oversold condition 

    I find that this Bollinger Band setup almost always give you a MACD KISS / Stochastic oversold setup on a smaller time frame

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!