Let's say somebody shares the following chart with you
What will be your reaction?
Why are you sharing a stock that is already done with its move. What's the point now? There will be chartists screaming - Overbought, Avoid, the move is over. But if you follow Science of Stock Price Action - this is the kind of the chart that should be on the watchlist because they deliver the best trading move in times to come. Such stocks should be on the top of your list
Here's a simple trading rule that should be followed to trade such charts
Science of Stock Price Action
Science of Stock Price Action is a collection of training videos and daily posts in which we discuss various price action concepts. The objective is to help one learn and master the concepts.
If you want to learn what drives stock prices - Science of Stock Price is one training material you can consider.
Disclaimer – The state of the market notes is Deepak’s perspective on the market. The column is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers