MA inside week in front of supply zone, too high to buy?
Last year, at least 7 out of 10 stocks looked like this MasterCard weekly chart.
While it's a totally different concept compared to what the market happened.
With the Q1 market fluctuation, MA showed great relative strength to remain a intact weekly uptrend!
It solved the 1st thing-- I don't want to short the supply zone nor the inside week breakdown at all !
2nd question: how about the inside week breakout, is this too high to buy?
The hard part for this setup is that it can only get its 1st kick after it made new all time high.
Other than that, I actually like this long a lot!
Here we got 2 options:
1. wait for the weekly breakout and trade the intra-day bullish setup
2. trade the inside week and put the 1st kick at the supply zone @182.5, and execute careful risk-reward stop!
Let's see how it goes!
While it's a totally different concept compared to what the market happened.
With the Q1 market fluctuation, MA showed great relative strength to remain a intact weekly uptrend!
It solved the 1st thing-- I don't want to short the supply zone nor the inside week breakdown at all !
2nd question: how about the inside week breakout, is this too high to buy?
The hard part for this setup is that it can only get its 1st kick after it made new all time high.
Other than that, I actually like this long a lot!
Here we got 2 options:
1. wait for the weekly breakout and trade the intra-day bullish setup
2. trade the inside week and put the 1st kick at the supply zone @182.5, and execute careful risk-reward stop!
Let's see how it goes!
評論:
got the 1st kick @ 183 and trail the others
評論:
New high!!put the out below 193 pivot to trail!
New high!!put the out below 193 pivot to trail!
評論:
Well, It's never too high to buy lol.
All time high! put the out below 196.00 to trail.
Well, It's never too high to buy lol.
All time high! put the out below 196.00 to trail.