market is trending in our favor. But you might consider using stricter sell rules for any positions in weak or underperforming sectors.
a catchall term for appealing chart patterns that don’t quite fit any of the other base dimensions.
10-day SMA and 21-day EMA as areas to scale out of a position
vs. waiting until breakouts to new highs
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definitely helps. But with all these group-to-group rotations we’ve seen like David Ryan was talking about, some traders may opt to lock in a third or a quarter after a quick gain, then hold the rest until other sell signals get triggered.
Selling doesn’t have to be an all-or-nothing decision, and in addition to knowing who you are as a trader, also knowing the personality of the stock and what overall conditions are like are key
it came down near its 40-week line. While it’s getting back above its 50-day line today, it’s had such a strong move over the last 5 sessions. At this point, would like to see it settle down a bit here or maybe advance a little more and
then form a handle
date and/or a calendar with upcoming events.
depends on your trading style, conviction, what the exact trade setup looks like (what you’re risking), what market conditions are like, etc.
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