LYV spikes to $140, then pulls back to $120

20 нояб.

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.

So...

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

Price above channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at overbought level
VBSM is spiked positive
Price near 4.618 Fibonacci level
Calling top around $140
Downside target is $120 or channel bottom
manual stop loss

25 нояб.

Заметка

$140 tagged. Go down now!

10 дек.

Сделка закрыта вручную

From top of channel ($140) to bottom of channel ($134). Closing position. SUCCESS!