Ok, So also know that the support level is more like a “zone” and some room should given. “I respect that style of, this is what i want if not im out.” When I say re evaluate at that level instead of hard stop so you can watch the price aciton, is the Stock coming in on decreasing volume? Is it holding a pattern, did it come in on its own or is the market selling off? is the set up still valid? Where you have your stop may be exactly where it deiced to bounce. I suggest until you get a good feel on reading price action and volume, trade less size expand stop zone on stocks with good daily set ups.
September 26, 2022