Something Different

It’s very rare that I post 1-minute charts here. The 5-minute chart is my bread and butter, it’s what I use 99% of the time. When we’re watching a dozen or so stocks, the 5-minute chart means we can flip through the list at a relatively leisurely pace. It’s why I can get away with using a single screen with only two charts on.

Sometimes zooming in a bit helps to explain a trade though, which is why I’m posting this one on BYND as a 1-minute.

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Trading A SIX Pack

Thursday was one of those days when I didn’t want to be in front of a screen. Blue skies and unseasonably warm temperatures meant it was better to be outside making the most of this temporary lapse in winter. So I was pretty pleased to be able to get the morning over quickly with some quick clean trades like this one on SIX:

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Five Below

Here’s an interesting trade to start the week. FIVE ended the day down about 11%. It offered up a couple of highly profitable trades. I got the first one, missed the second (I’ll explain why in a minute). So I must have shorted it, right? Wrong. Here’s the chart:

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