Green Mountain Roast Coffee [GMCR]
Perfect setup.
Perfect entry
Lousy exit
Stochastics was perfect but confuse with Moving average signals.
When prices moves through a moving average band,
it does not neccessarily off a support zone to bounce from.
In this instance, Prices bounce along within it,
work through the levels and go right through it.
MA good for Trend.
Perfect setup.
Perfect entry
Lousy exit
Stochastics was perfect but confuse with Moving average signals.
When prices moves through a moving average band,
it does not neccessarily off a support zone to bounce from.
In this instance, Prices bounce along within it,
work through the levels and go right through it.
MA good for Trend.
On the other hand,
MA on Hourly chart was trending down.
Would have worked brilliantly.
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