RE: US Stocks - Watchlist and Discussion
(2017-01-08, 01:51 PM)pcabc Wrote: DLNG, maybe a little late, perhaps not dependent on risk?
It's well past the entry point as you can see from the 2hr charts attached, so risk is obviously increased. I've included the 2hr Elder chart with the Keltner ATR channels as it shows that it pushed out the top of it's 3x ATR channel (with an ATR of 22 days i.e one month) and has been pulled back in, so is a tricky one at this point as you need to try and get in trader positions much closer to the breakout level. Hence why I think the 2hr chart is very useful if you are using trader method for entries.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.