AbleTrend Multiple Time Frames Specifying an Initial Uptrend for TSLA
How to avoid choppy market is a major concern for traders. AbleTrend weekly and monthly guidance chart provides the best way to prevent choppy market. Following is an example with TSLA.
Chart on the right is AbleTrend weekly/monthly guidance chart.
Blue Xs are AbleTrend monthly support levels. Market has tested the blue Xs a few times during the five months period and could not penetrate AbleTrend monthly support levels, the blue Xs.
Chart on the left is AbleTrend daily chart.
Blue small blue dots are AbleTrend daily support levels. AbleTrend gave a buy signal with large blue dot. Then came down to test daily support, the small blue dot.
This combination of daily chart along with weekly and monthly guidance chart specified the new initial trend change for an uptrend. Buy at dips at AbleTrend sweet spot in the upcoming moves, that is:
Sweet Spot for Buying (SSb)
1) After a buy signal (large blue dot)
2) After market tested stops (small blue dot below the bars)
3) Emerging blue bar or closeup bar after green bar(s)
4) Buy at Sweet Spots
The best setups are when prices are near the small dots because we will know whether we are right or wrong very quickly. If you know when and where to exit you will then have the freedom to enter the market at sweet spots.
If you don’t know the true market support levels…then fear will drive you out of market when you should stay, or you will stay in the market too long with losing positions. AbleSys blue dots are clearly showing on your chart, if you can read the chart you could do better than most fund managers.
Tracing Back the AbleTrend Earlier Signals
When checking through the AbleSys Top Stock Picks, you can now trace back the AbleSys earlier signals by click the links below each chart. You may also go to Chart Library to search all the historical posting for the symbols. You can not find this kind of resource for finding the best stocks anywhere else, but here at AbleSys.
FREE one-on-one consultation
In today’s fast changing global market environment, having a million dollars in your account does not necessarily mean security. Rather, true security comes from possessing a winning system and the skills to manage your assets -profitably and prudently – especially in volatile markets like we are currently seeing.
To have a private consultant for building a life-time skill in managing your own financial assets could be expensive, – awfully expensive. That’s why our value-added one-on-one consultation service makes owning AbleTrend software a cannot miss opportunity. Request a FREE one-on-one consultation with AbleTrend consultant at ronc@ablesys.com today.
Leave a Reply
You must be logged in to post a comment.