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.
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.
Disclaimer: The analysis and result presented does not recommend or suggest any investing in the said stock. This is purely for Analysis.
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