This pattern allows low-risk entries
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1 Chart Pattern Every Trader Needs to See
The "inside day pattern" is one of my favorite chart patterns that every trader needs to see.
This pattern involves looking for a stock that has made a 50-day high and then seeing two subsequent days where highs are lower and lows are higher, indicating that the days are inside each other.
Inside days show a narrowing of the range and lower volatility levels, making it a good sign of relative strength and potential breakouts.
Trading inside days allows for low-risk entries and the ability to ride the trend momentum. _________________________________________________ Are Your Investments Safe?
If you follow these morning videos regularly, then you know I’ve been warning of a downturn in tech stocks for a while now.
After a heck of a year for high flyers like NVDA and META, and as the AI craze begins to fizzle out, the tech rally is over.
Hedge funds — the smart money — are now moving into so-called safe-haven stocks at the fastest pace in decades…
Are your investments safe?
Don’t wait until it’s too late to find out! _________________________________________________
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. |
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