STWD: Potential time at mode uptrend

2016年4月7日

Tim West discussed this chart in the Key Hidden Levels chatroom today.
I'm expanding the analysis here, presenting a potential 'Time at mode' uptrend signal after today's bullish action.

The trade implies going long tomorrow, if we open and close above the 18.52 mark, without retesting it, with a stop loss underneath this level (we can use ATR as well, or try multiple entries with different stop loss locations depending on our risk appetite).

Look to enter longs tomorrow, if we get confirmation. For the time being, keep this in your watch list, and make sure to subscribe to Tim's 'Key Hidden Levels' indicator pack, and join the chatroom for more ideas like this.

Cheers,

Ivan Labrie.

2016年4月7日

注释

s3.amazonaws.com/tradingview/snapshots/r/rpLThlzt.png (Tim's chart highlighting the dividend price action and the rgmov uptrend)

2016年4月7日

注释

Down for the day, but holding at the mode. If we have some upward movement soon, we might have a nice long here, outperforming the market!

2016年4月8日

注释

Inside day, ok. We might form a weekly mode before earnings.

2016年4月8日

交易开始

I'm long from 18.54, uptrend confirmed now.

2016年4月11日

注释

Today's bar is looking quite good, constructive for longs.

2016年4月13日

交易开始

Reentered longs when the day turned up today, had closed near yesterday's high.

2016年4月19日

注释

Excellent!
Monitor for an exit in 4 bars.

2016年4月21日

交易手动结束

2016年6月2日

注释

Target hit now.