Today's chart-watching discovery: $BIRB had a bullish MACD crossover on the daily chart.
Newbie me: A golden cross means it's time to charge! Experienced me: After getting whipsawed by golden crosses, death crosses, and then golden crosses again in a choppy market, my first reaction when I see a golden cross is to ask: Where did it cross? Below the zero line. Right, let's treat it as a rebound for now.
Jokes aside, keep an eye on your position size. Tell us about your trading rhythm in the comments.
#BIRB
Newbie me: A golden cross means it's time to charge! Experienced me: After getting whipsawed by golden crosses, death crosses, and then golden crosses again in a choppy market, my first reaction when I see a golden cross is to ask: Where did it cross? Below the zero line. Right, let's treat it as a rebound for now.
Jokes aside, keep an eye on your position size. Tell us about your trading rhythm in the comments.
#BIRB