How to Use Trade Ideas & Watchlist Post: Chart Examples
Most of you will have read the “Trading Ideas and Watchlist” post I sent out over the weekend. If not, I think it’s worthwhile to do so.
It is attached below, along with the Weekly Trading Ideas Cheat Sheet.
Below, I have included some real chart examples showing that the stocks responded well to these levels, often coming within a few cents of our key targets. I hope these walk-throughs provide more context on how best to use these charts.
The ATR can be used to guide your stop loss and manage risk.
MU: Pullback and hold of EMA 21
Stock bounced close to 90 points or more than 9%
