Trader_Joe_Lee

GM inside day, relative strength or not?

做多
NYSE:GM   GENERAL MOTORS CO
Stock futures slumps for more than 1% in Asia market today.
Also, GM got an inside day here;

Yesterday it tried to break the 45.00 fig level and the bearish bat but failed, if the bulls are able to break the inside day,
the momentum probably is able to takeover the size.

Generally I am quite bullish in GM as it's ridiculously cheap with 6-7x multiples and solid dividends, so I'll skip the set-ups to short.

While, with regard to the potential gap down (with the market), the 1st point for this trade is to see if the inside day low 43.35 is broken.
If not, that means GM shows great relative strength against the market, which is great for this trade!
If it breaks the inside day low before breaking the inside day high, this trade doesn't exist anymore.


Let's see how it goes!
订单已取消:
gap down, this trade doesn't exist anymore
评论: While, a very nice bearish set-up though~
“To the moon!!!”
近期最瘋狂的美股GME軋空,來看看我是如何處理的吧!!
Lessons from the CRAZY Gamestop(GME)
https://www.youtube.com/watch?v=BYeYVlNmnLA


https://www.jackedu.com/v3/wf.html?sid=9&tid=4
在线课堂、公开课、众多服务
点击链接注册后一网打尽yo!

评论

So correct! so amazing! Tai Shen La!!!!
+1 回复
Hi Joe, I'm a little confused about why the bullish bat can still work as there's a bearish bat formed after it?
回复
Trader_Joe_Lee Cathleen_Cui
@Cathleen_Cui, not at all, the bullish one is just a reminder of my previous ideas lol.
回复
Cathleen_Cui Trader_Joe_Lee
@Trader_Joe_Lee,
Aha, got it.
回复
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 价格 推荐朋友 网站规则 帮助中心 网站 & 经纪商解决方案 插件 图表解决方案 轻量图表库 博客 & 新闻 Twitter
概览 个人资料设置 账户和账单 推荐朋友 代币 我的客服工单 帮助中心 私人消息 在线聊天 退出