UPWK pullback to 14.50

7 thg 11

MODs have suggested that I provide more detail about the picks I make.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading plan is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
Bonus if a TTM Squeeze in in play.
I hold until target is reached or end of year, when I can book a loss.
So...

Here's why I'm picking this symbol to do the thing.

Price at top of channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at overbought level
VBSM spiked positive
Price at Fibonacci level
In at $17
Target is $14.50 or channel bottom
Stop loss is $18

15 thg 11

Đóng lệnh: đạt mục tiêu

Closing position at $15. This is close enough for me. Price reached 26 period channel bottom.