$W is up 5.4 percent today and I am not touching it. One number is why
Volume is sitting at 0.2x the weekly average. This move is happening in an empty room and $1.0M of daily volume means you can get trapped instantly if you take size here
I need to see an hourly close and hold above $0.01417 before I care
Or I want a pullback that holds $0.01295 and actually bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $W here or waiting for $0.01295
#W #RiskManagement
Volume is sitting at 0.2x the weekly average. This move is happening in an empty room and $1.0M of daily volume means you can get trapped instantly if you take size here
I need to see an hourly close and hold above $0.01417 before I care
Or I want a pullback that holds $0.01295 and actually bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $W here or waiting for $0.01295
#W #RiskManagement