Quick 17.58% Wearable Devices Ltd. (WLDS) Gain within 20 mins Scalp Trade
It has been a while since I posted how I trade using MAVOL and Bull/Bear strength.
Today I did a quick scalp trade on $Wearable Devices Ltd.(WLDS)$ once market open at 9.30am(EST).
Manage to grab a 17.58% gain within 20mins.
Trade using Trading View Bull/Bear Strength
Enter at $1.82 once the Bear strength ended when market open at 9.30am(EST) into Bull strength, manage to catch not the lowest price, but good enough.
So manage to exit at $2.14 with combined analysis with MAVOL, and when Bull strength reach the high.
Trade using App MAVOL (5 min chart)
As mentioned previously, there was some selling once market open, but Bull strength start to form, making it a good entry price at $1.82.
So i decided to monitor the MAVOL, and once the MAVOL5 is greater than MAVOL10 and price is above VWAP, then it is time to exit at $2.14.
This is a good 20 mins scalp trade with 17.58% gain.
Summary
This is another example of following my trading plan and applying what I have used always to trade. This stock will have a quick gap up so it require to pay attention to the price action.
Once we have applied our trading plan, trust it and apply to enter and exit.
Appreciate if you could share your thoughts in the comment section whether you traded in WLDS today (01 June 23)?
Do like, share and comment on this article if you find this trading thought useful.
@TigerStars @Daily_Discussion appreciate if you could feature this article so that fellow tiger would benefit from my investing and trading thoughts.
Disclaimer: The analysis and result presented does not recommend or suggest any investing in the said stock. This is purely for Analysis.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Suddenly surge? Is it only an one day trading?
Is this one manipulated? Doesn’t look like a good one.
Well I hope it can continue, not a meme stock
Resistance at $2.30 if we break that again, we will go to the moon. load up
apple vision pro uses lidar to track its users fingers to select items so what now is the need for this device?
tied to apple price action, will blow over and head north soon enough... patience is a virtue.
Look for a technical Breakout to the six dollar range for CNSP
Looking forward to a gap up situation and go!
WLDS nice consolidation CNSP look for a 100% move soon.