Approaching major support on weekly chartStrong support at yellow line. Look for bounce soon. Added shares today. Already up few pennies. Be patient and add slowly, no option.
ASPI trade ideas
Crazy move that might be an opportunity I am struggling trust the analysis of someone calling themselves "Fuzzy pancake". I'm buying here and expecting it back in the 7's
ASPI Short (Overbought) Asset Class: Stocks
Income Type: Daily
Symbol: ASPI
Trade Type: Short
Trends:
Short Term: Down
Long Term: Up
Set-Up Parameters:
Entry: 3.52
Stop: 3.64
TP1 2.92(5:1)
Trade idea:
1h RBD formed as the stock overbought, trading the correction of the uptrend targeting the formed FVG and the DZ at 2.90
!!Be aware of pending Economic Reports. If price is within 20 pips of proximal value at time of major impact report, then Confirmation entry.
Trade management:
**When price hits 1:1 or T1, consider moving stop to entry in case of pullback.
**Disclaimer**:
The trading strategies, ideas, and information shared are for educational and informational purposes only. They do not constitute financial advice or a recommendation to buy or sell any securities, currencies, or financial instruments. You should do your own research or consult with a licensed financial advisor before making any trading decisions. The author assumes no responsibility for any losses incurred from following these trading ideas.
ASPI LONG 11/10/2024Asset Class: Stocks
Income Type: Daily
Symbol: ASPI
Trade Type: Long
Trends:
Short Term: Up
Long Term: Up
Set-Up Parameters:
Entry: 2.82
Stop: 2.67
TP1 3.26 (3:1)
Trade idea:
1h RBR at breakout, and within a FVG
Uptrend continued
!!Be aware of pending Economic Reports. If price is within 20 pips of proximal value at time of major impact report, then Confirmation entry.
Trade management:
**When price hits 1:1 or T1, consider moving stop to entry in case of pullback.
**Disclaimer**:
The trading strategies, ideas, and information shared are for educational and informational purposes only. They do not constitute financial advice or a recommendation to buy or sell any securities, currencies, or financial instruments. You should do your own research or consult with a licensed financial advisor before making any trading decisions. The author assumes no responsibility for any losses incurred from following these trading ideas.
ASPI Stock Swing Trading Idea - Capturing Sellside Liquidity andGreetings, traders! Today, I bring you a compelling swing trading idea for ASPI stock. After carefully analyzing the chart, I have identified significant market dynamics indicating an opportunity to capitalize on sellside liquidity and a market structure shift.
To enter this trade, I recommend considering a position at approximately 50% of the fair value gap. It is crucial to place a stop loss order below the consolidation to manage risk effectively. Now, let's discuss the potential take profit levels:
First Partial: Exit a portion of the position at 0.3920.
Second Partial: Consider taking profits at 0.4381.
Third Partial: Aim for an exit at 0.5476.
Furthermore, it is essential to note that the trade has the potential for a full close at 0.62, strategically positioned just before an actual gap on the H1 time frame.
Remember to adapt your strategy based on the market's movements and always adhere to proper risk management practices. Best of luck with your trading endeavors!
Disclaimer: This trading idea is solely based on technical analysis and should be thoroughly evaluated before making any trading decisions.
