Professor’s Comments May 22, 2014 UWM
Posted by OMS at May 22nd, 2014
With the indicators on the 60 min charts for UWM turning positive, I added to the small position I established using the 5s a few days ago.
If the indicators on the 60s remain positive, I will look for the indicators on the Daily charts to turn to complete my position.
Remember, I’m trading UWM because it has a TLB pattern, so at this point, it’s only a trade.
That’s what I’m doing,
h
Not sure of the terminology we use? Check out these articles
The Hockey Stick Pattern
The Creation of Waves and Trends
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Category: Professor's Comments