Buy the dip in an uptrend📈 It’s just the complete opposite of the shorting approach shared previously and has worked exceptionally well in this lockout rally. Many stocks offered low-risk entries when they pull back to the support levels and rebound immediately. I like to call these ‘handshake’ entries. --- Learning this entry tactic isn't hard. The real challenge is integrating new knowledge into the existing ones. Since last year, there are more and more examples of stocks pullback and rebound, violating the LOD and go straight up afterwards. "But I'm not buying at volatility contractions/tight ranges. I'm not setting my stops at LOD. I'm breaking the existing rules." Path dependence deters us from making changes. All the changes began after I took the first pullback buy on $AFRM in November last year. I want to write more but I dunno where to start.
$TEM EMAs converge + AVWAP from swing low Entry 50.41 - 5min breakout from previous candle high
$QBTS EMAs converge + Previous highs Entry 8.51 - 5min flag breakout (high of the second red candle after open) I failed to catch the first 5min breakout of previous candle high and fortunately this secondary entry works
$IONQ EMAs converge both daily and weekly Entry 29.59 - 5min breakout of previous candle high
$RKLB Previous highs + 9 EMA Entry 22.98 - 5min breakout of previous candle high
I'm still trading the breakouts don't worry. $PLTR $HOOD $TSLA
@99Mariolopez Great entry! I missed this one and thanks for pointing that out.
@NemeThaer I spotted them by flipping through charts one by one in my watchlist. Yes this setup works the best in early uptrend especially an uptrend without significant pullback.











