When I put a stock on watch I'm looking for a possible long trade.
ONLY if the stock starts trading strong and looks like it's about to take off higher.
I'm looking for confirmation that the Trade is ON.
Otherwise I don't make the trade.
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What do you see as confirmation? 3 bar rule, or breaking out of a range? Etc. Etc.
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Confirmation for me is many things but one is when a stock that has fits my criteria starts moving higher on strong demand. When big bids are coming in because there is demand to buy the stock
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