Disclaimer


This is my unsolicited Point of View and is _not_ a recommendation to buy/sell the security.

*** DO NOT *** attempt to trade unless you FULLY understand the associated (financial/emotional) risks and you FULLY accept responsibility of the results of your actions.

Mind the levels. Manage the risks. Protect your capital. Protect your gains.

Keywords

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Wednesday, November 22, 2017

$LMG Study 20171122

$LMG Daily Chart as of November 22, 2017
$LMG Daily Chart as of November 22, 2017



Notes:
1. Volume is almost 4 times the 20-day volume average, almost 1.3 times the 50-day.
2. Fast CCI is above zero. Slow CCI must cross zero to add confidence.
3. RSI is rising. Must respect that trend line resistance and cross 50.
4. Slow Stochastic must cross 20 to add confidence.
5. Sample Trade

  • Entry Price: 4.1
  • Exit Price: 4.74 (+15.61%)
  • Stop Loss: 3.94 (-3.9%)
  • Risk Reward Ratio: 4

Mind the levels. Manage the risks.

DISCLAIMER: This is my unsolicited Point of View and is _not_ a recommendation to buy/sell the security. *** DO NOT *** attempt to trade unless you FULLY understand the associated (financial/emotional) risks and you FULLY accept responsibility of the results of your actions.


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