NYC Trader Blog will try to find the best chart setups for swing and day trades.I can be a Bull or a Bear anytime. I am a Trend Trader. I go where Market wants to go with maximum profit objective in mind.
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Sunday, November 8, 2009
Long Setups for Next Week.
If the market is strong/neutral next week,the following charts could work in the long side.
Do you enter on a close above resistance or intraday? What if the stock breaks out intraday and closes below the resistance? Do you still hold your position or wait for a close above the resistance line? Thanks
Do you enter on a close above resistance or intraday? What if the stock breaks out intraday and closes below the resistance? Do you still hold your position or wait for a close above the resistance line? Thanks
ReplyDeleteThanks for visting! I will enter intraday on the break off a resistance.I'll probably sell to the next resistance.If it closes below, I am out.
ReplyDeleteThanks for the response...Keep up the great work I really enjoy reading the blog
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