AVD had a nice cheat that set up! It did breakout on 26/7 however it did so on BELOW average volume. This triggered alerts on my end, however due to the low volume I didn not buy. It then paused and subsequently we got a follow on rally whenre I bought the stock (buy price @23.36) that ended with a +180% volume increase. The stock advanced +3.32% on that day.
Important Lesson
Important Lesson
- Breakout volume is required to start a position
- Sometimes institutional volume support might come in the following days
๐ I provide FREE EDUCATION + COURSES here: tintintrading.substack.com/
๐ I share my TRADING everyday here: discord.gg/gTmcqWyWWe
๐ I sell premium indicators here: tradingviewindicators.net
๐ I share my TRADING everyday here: discord.gg/gTmcqWyWWe
๐ I sell premium indicators here: tradingviewindicators.net