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Any opinions on ASO as a short, it broke it's uptrend and seems to be in a well formed downchannel but near the top of the channel.
Related RSI14 question, I know the RSI14 is an important one, but I am not sure how to draw lines on that chart, is there any guidance?
steveo, it should drop to the next demand zone where the arrow is, perhaps, after a failed bounce to the upside.
after big market move - market goes through at least a day or 2 of sideways chop - best if trading indexes to favor more scalp trading if day trading or just sit out and focus instead on individual stocks that are taking big vol
I told ya guys this morning it would be a chop fest for the market, and to avoid it or focus on some individual stocks instead, or run some errands
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Any opinions on ASO as
Posted by steveo on 8th of May 2023 at 11:37 am
Any opinions on ASO as a short, it broke it's uptrend and seems to be in a well formed downchannel but near the top of the channel.
Related RSI14 question, I know the RSI14 is an important one, but I am not sure how to draw lines on that chart, is there any guidance?
steveo, it should drop to
Posted by junkie on 8th of May 2023 at 11:50 am
steveo, it should drop to the next demand zone where the arrow is, perhaps, after a failed bounce to the upside.
after big market move -
Posted by matt on 8th of May 2023 at 11:56 am
after big market move - market goes through at least a day or 2 of sideways chop - best if trading indexes to favor more scalp trading if day trading or just sit out and focus instead on individual stocks that are taking big vol
I told ya guys this
Posted by matt on 8th of May 2023 at 01:32 pm
I told ya guys this morning it would be a chop fest for the market, and to avoid it or focus on some individual stocks instead, or run some errands