Just wondering, when you see charts like LAVA, when do you enter? Do you wait for a close above that resistance or do you buy 1/2 once it breaks with good volume? Also you set your stop just below the breakout? Thanks man! Learnings lots from your posts!
Sometimes I would test a little before the breakout but usually I would enter AT the breakout (with Huge volume during the breakout). So $2.22 in this case.
3 comments:
Hey man, how you doin? good work on the charting!
Just wondering, when you see charts like LAVA, when do you enter? Do you wait for a close above that resistance or do you buy 1/2 once it breaks with good volume? Also you set your stop just below the breakout? Thanks man! Learnings lots from your posts!
Sometimes I would test a little before the breakout but usually I would enter AT the breakout (with Huge volume during the breakout). So $2.22 in this case.
Too bad the easy money were back in April to July. Now days a lot of fakeouts.
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