Topic : What Happen when upper channel breaks out and the #psychology behind it.
I have shared this today as a part of my #mentorship program so felt like sharing.
I have shared this today as a part of my #mentorship program so felt like sharing.
#An_Initial_Bull_Phase
A stock that is already in uptrend confirms that it is in the control of Bulls.
For few initial weeks or months, stock basically shows a #choppy upside #momentum mostly in a channel (Not applicable to every stock as there are some exceptions too)
A stock that is already in uptrend confirms that it is in the control of Bulls.
For few initial weeks or months, stock basically shows a #choppy upside #momentum mostly in a channel (Not applicable to every stock as there are some exceptions too)
#Momentum_Breakout
#Psychology
========
1. After few weeks, #smart_money increases stakes as the stock is now giving good Quarterly results back to back. Fundamentals improving continuously and so the stake of smart money.
#Psychology
========
1. After few weeks, #smart_money increases stakes as the stock is now giving good Quarterly results back to back. Fundamentals improving continuously and so the stake of smart money.
A rising channel breakout happened, it was a kind of euphoric moment , when every one was taking about its Monopoly. A FOMO buy has initiated and stock became Rocket.
So what's the learning :
Keep a Sharp eye on rising channel breakout and trade it, these trades gives you opportunity to earn money in very less time.
Disclaimer : First try it with less capital and learn it with someone expert in this field.
Keep a Sharp eye on rising channel breakout and trade it, these trades gives you opportunity to earn money in very less time.
Disclaimer : First try it with less capital and learn it with someone expert in this field.
If you want to trade setups like this under my guidance, you can join my Chat Room. For more details DM me.
Retweet and Like if you need strategy like this.
Retweet and Like if you need strategy like this.
Give me a Follow if you are liking my content
A Post about why I have sold #IRCTC just before it starts falling.
جاري تحميل الاقتراحات...