We at Absolute Traders believe technical analysis can maximize returns in favorable markets and protect capital in unfavorable market climates.
The green triangle in our logo symbolizes change and fluidity in the market. The upward line connotes our capability to unravel trends in fluctuating markets to reel in profits.
This stock has created a very clear breakout/resistance line.
MACD has been hovering at the 0 level for a couple of months now.
Take note of setups of this kind as you’ll get very obvious (buy or sell) signals. All this one needs is regular monitoring and enough discipline to pull the trigger once it makes its [...]
|
|
|
B - Buy
T - Target
S - Stop / Cut Loss
BE - Breakeven. Move stop / cut loss to your buying price.
TBD - To be determined.
Market - When buying, this is the opening price or better. When selling, this is the current price or better.
Wait - You wait.
Open - The trade recommendation is triggered. If you just read the status update and you are still not in the trade, you might be too late. In such cases we would recommend that you do not take it.
Cancelled - The trade idea or recommendation was cancelled.
Closed - Trade recommendations will be closed once the trade is exited
