it is times like these knowing how to read price action is so important. It is hard to rely on the D1 when all the D1’s are crap – Hard to lean on Support or Resistance when things are so news driven the stocks just blow right through the levels. These are temporary conditions – difficult, but temporary and during these times it is price action that matters a lot. Hence why I got out of ABBV when I did, or anticipated the pop in NFLX just before – that is reading Price Action.
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Mini Lessons September 22, 2022