1) Reversals near big support & 2) quick pull-backs to combo intraday support zones like VWAP & 9ema What are some of your favorite setups?
KODK$12.09-1.55% GOGO$4.56-0.87% PRTH$4.65-5.49% PSTV$4.80+22.45% $ANTX JILL$12.19+0.74% JNCE——
TL;DR
This blog post outlines simple trade setups for day and swing trading, focusing on reversals near significant support levels and quick pull-backs to intraday support zones like VWAP and 9ema. It also mentions specific stocks like $JILL and others as examples. Readers are encouraged to share their favorite trading setups as well.
1) Reversals near big support & 2) quick pull-backs to combo intraday support zones like VWAP & 9ema What are some of your favorite setups?
KODK$12.09-1.55% GOGO$4.56-0.87% PRTH$4.65-5.49% PSTV$4.80+22.45% $ANTX JILL$12.19+0.74% JNCE——
The key trade setups include reversals near major support levels and quick pull-backs to intraday support zones such as VWAP and the 9ema.
The stocks mentioned include $KODK, $GOGO, $PRTH, $PSTV, $ANTX, $JILL, and $JNCE.
VWAP stands for Volume Weighted Average Price, which is a trading benchmark that gives an average price a stock has traded at throughout the day, based on both volume and price.
9ema refers to the 9-period Exponential Moving Average, a technical indicator used to identify the trend direction and potential support or resistance levels.
Yes, the post encourages readers to share their favorite trading setups in the comments.
Portfolio(s): Options,
Learn more about trading journals and how to improve your performance:
Discover the 3 features that make a trading journal profitable: time savings, AI pattern detection, and free mentorship.
Download our free Excel and Google Sheets templates to start journaling today. Perfect for beginners!
Get a FREE 20-minute 1-on-1 onboarding call ($300 value) with every TradeJournal subscription.