On hindsight, I was too eager to dash in... but I believe I'm trading on the right direction
The daily charts show 45c as the all time high. This morning 46c made a new all time high. Closing at 45.5c shows a clear breakout and a all time high close.
Weekly shows the same except it has hit the bollinger bands. But fear not.. I believe that's much more upside in this.
I'm trading this as I believe in Jesse Livermore's rule... "Go long when stocks reach a new high. Sell short when they reach a new low."
No comments:
Post a Comment