Identifying a good setup is simple when you know what to look for:
πΈClean price action in stage 2 stocks
πΈStrong volume footprint
πΈSetup trading above key EMA levels
If these three conditions align and overall market health is solid, the probability of your setup working increases significantly.
#Poster
πΈClean price action in stage 2 stocks
πΈStrong volume footprint
πΈSetup trading above key EMA levels
If these three conditions align and overall market health is solid, the probability of your setup working increases significantly.
#Poster
β€22
Forwarded from Techno_Charts ππ
Identifying a good setup is simple when you know what to look for:
πΈClean price action in stage 2 stocks
πΈStrong volume footprint
πΈSetup trading above key EMA levels
If these three conditions align and overall market health is solid, the probability of your setup working increases significantly.
#Poster
πΈClean price action in stage 2 stocks
πΈStrong volume footprint
πΈSetup trading above key EMA levels
If these three conditions align and overall market health is solid, the probability of your setup working increases significantly.
#Poster
β€13
A simple framework I use to filter stocks:
Fundamentals + Trend + Relative Strength + 21/50 EMA.
I want to see:
β Good business & healthy financials
β Higher highs & higher lows
β Stock outperforming its sector/market
β Price above the 21 & 50 EMA
β Both EMAs rising
#Poster
Fundamentals + Trend + Relative Strength + 21/50 EMA.
I want to see:
β Good business & healthy financials
β Higher highs & higher lows
β Stock outperforming its sector/market
β Price above the 21 & 50 EMA
β Both EMAs rising
#Poster
β€11