If you are looking more towards a price action trading, then definitely the stocks that I will put in my watch list are definitely those that I can very quickly and easily see where are the major trend line, trend channels, the horizontal support resistance level or the support resistance or vice versa, reversal points where those levels are. If I’m not able to see those lines or draw those lines very easily, then I, usually, I would not want to keep it in my watch list. Or even if it’s in my watch list, I probably wouldn’t trade it.
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Latest posts by Philip Teo (see all)
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