Ray - that means I don't see a traditional stock pattern like a
bottoming pattern, it's oversold, due for a reversion to mean
bounce, but it's not coming out of a falling wedge, or bull flag,
coil, or nice basing pattern. The CCI bungie setups are for
catching a quick bounce trade in an extremely oversold
instrument.
Ray - that means I
DIS follow up
Posted by matt on 24th of Nov 2021 at 12:55 pm
Ray - that means I don't see a traditional stock pattern like a bottoming pattern, it's oversold, due for a reversion to mean bounce, but it's not coming out of a falling wedge, or bull flag, coil, or nice basing pattern. The CCI bungie setups are for catching a quick bounce trade in an extremely oversold instrument.
Thanks, Matt. Still "refining" my
Posted by Ray on 24th of Nov 2021 at 12:59 pm
Thanks, Matt. Still "refining" my Plan (...and have been for a couple of years ); but, I follow what you mean, and will add it as a corollary.