Short term momentum bursts of 3 to 5 days are extremely common in the market. I trade a swing trading method that tries to anticipate them or buys on breakout.
BIDU is an example of that kind of a setup.
It has everything I look for in a setup. It was in my anticipation watchlist for few days and finally broke out yesterday giving good entry which immediately turned profitable.
For a motivated trader there are hundreds of opportunities like these once you organise yourself to find them.
BIDU is an example of that kind of a setup.
It has everything I look for in a setup. It was in my anticipation watchlist for few days and finally broke out yesterday giving good entry which immediately turned profitable.
For a motivated trader there are hundreds of opportunities like these once you organise yourself to find them.
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