I've been trading for 5 months. I am by no means an expert so please don't solely go off my advice or my actions. I have been keeping a log for quite some time on Tradingview but i have just now decided to go public. If you can help me at all and have any thoughts on my stock actions please feel free to leave comments. [/b
SPY has took a massive drop and ATVI was a stock that got affected by it. It has it its trend resistance and now it is hitting the trend support. I am going to try to scalp atvi for a 5 point trade up to the 79.50 resistance and then watch closely on if it bounces on the resistance for an ascending triangle or if it pops over it and takes a squeeze.
SPY has took a massive drop and ATVI was a stock that got affected by it. It has it its trend resistance and now it is hitting the trend support. I am going to try to scalp atvi for a 5 point trade up to the 79.50 resistance and then watch closely on if it bounces on the resistance for an ascending triangle or if it pops over it and takes a squeeze.
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So it worked. I bought at the support trend line at 73 the day i posted this and the next day i sold at 79. Good profit and i will continue to try and scalp with 2 day trades and i will also be watching the stock for that ascending triangle i was talking about