Thursday, June 17, 2021

$TLRY Failed Swing $AMC Successful Swing

 

$TLRY failed swing attempt.

$AMC Successful swing.

I bought these two stocks on the same day (EOD).

The reason why I bought $TLRY was my bias is it will hold the current Fibonacci level without considering the next candle to confirm the support. The next day, there was no momentum. I sold it intraday as it hits my cutloss level in lower timeframe.

The reason why I bought $AMC - I saw someone mentioned it many times in US market channel in TR. It is also in my watchlist for a week. When I looked at the chart, my bias got stronger for a swing entry. The only thing hinders me to trade it was the price. I was able to hold this for 3 days then I sold it first thing in the market on the 3rd day 'coz I won't be able to monitor it.

I am having hard time considering to buy stocks with price higher than 10usd. I have to work on it from now on.

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