π The five-minute chart may not be perfect, but with this fresh break of VW, short sellers are getting squeezed out! This stock is back above VA P and showing strength for a move up to 12.39. Managing risk, I took some profit during the squeeze. Ready to add back as it hits 10.60. Let's see how high it can go! π #DayTrading #StockMarket" #TechnicalAnalysis #ShortSqueeze #RiskManagement #StockMarketAnalysis #MarketEntryAndExit #MarketTrends #ChartPatterns #ProfitTaking #TradingStrategies #DayTradingSuccess
The five minute chart's not perfect. The five minute chart's in fact a bit extended with this entry up here. But this is a one minute pullback following a fresh break of V-wap and this is where short sellers will start to get squeezed out who were holding short for an all-day sell-off Because now all of a sudden uh oh, this thing's back above V-wap and it's looking strong for a move up to 12 39. So let's see how high it wants to go to manage risk I take a little off the table into that squeeze right so it took a little off the table there new orders ready to add back the high this candles around Uh 1060 added back right there at 10.55 I took profit and then I added back on that micro pullback at 10.55 Now looking for 65, 75, and 85? the red to Green is at Eleven dollars.
Eleven dollars. right? here is today's open so there's 75.
Could it get problematic with getting filled a 100k$ buy stop order at a 2$ stock with 8million volume?
Ross you are the best ! i learned only from you and i started a month ago and watching almost all your videos after 4 weeks i am in green every day with small account from 100-200$ ..im still missing some tools like fast buys and sells with hotkeys because im using IBKR and i wish to have that orders vol chart you haveβ¦Ross im sorry i canβt afford to be your student every dollar counts at this moment to me but i never missed your video and one day i will join you i promise!! π
Can you please explain to me, how can you read this??
Savage