Wednesday, April 10, 2024

More on Different kind of Trading: Vol High - Prior Vol High Stock Entry - Case on CONL (Granite Shares Trust Granite Shares 2x LON)

CHART: CONL (Granite Shares Trust Granite Shares 2x LON)

http://charts.stockfetcher.com/sfchart/OeSm5wo7tZ.png

https://www.tradingview.com/x/m16IVb2p/

Rule:

1. Filter Weekly MINOLA on Stockfetcher

2. Back Track 3 month and 2 weeks

3. Find a Chart with 3.5 months VCP Break Out

4. Buy Shares on the Pre-Surge Week

        if candle is Bearish buy the Open

        if candle is Bullish buy the Close (In case of Vol Surge 2, you can buy the Open of Pre-Surge 2)

    Or Buy Shares on Preceding Candle of VCP B/O

        if candle is Bearish buy the Open (In this case we buy $10.23, the Open of 15th Week Candle)

        if candle is Bullish buy the Close

5. Sell after 4.5 months 

6. Profit in this case:

PROFIT: $82.20-$10.23 = $71.97

      $71.97 * 100 shares = $7,197




More on Different kind of Trading: Vol High - Prior Vol High Stock Entry - Case on CONL (Granite Shares Trust Granite Shares 2x LON)

CHART: CONL (Granite Shares Trust Granite Shares 2x LON) http://charts.stockfetcher.com/sfchart/OeSm5wo7tZ.png https://www.tradingview.com/x...