$EPIC is up 31 percent today and I am not touching it. One number is why
Most of the easy move is already gone
Volume is sitting at 9.9M which is 3.2x the 7 day average
The 1h ATR is 9.1 percent of price so any tight stop gets wiped by normal noise
I am passing until I see an hourly close and hold above $0.33080
Or a pullback that holds $0.21780 and bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $EPIC here or waiting for $0.21780?
#EPIC #RiskManagement
Most of the easy move is already gone
Volume is sitting at 9.9M which is 3.2x the 7 day average
The 1h ATR is 9.1 percent of price so any tight stop gets wiped by normal noise
I am passing until I see an hourly close and hold above $0.33080
Or a pullback that holds $0.21780 and bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $EPIC here or waiting for $0.21780?
#EPIC #RiskManagement