Is Trendline Trading the real deal?
Simple as it may seem, trendline trading can be effective for some. There are many ways to win in this market, so why not explore and be open about this strategy as well. Do share your experience with trendline trading as i would love to hear from you too.
In this video, i share 2 videos i find interesting from Tori Trades and SMB Capital (my go to source on YouTube for all things trading). i plan to solely use trendlines for my trading in Q2 2024, and share my watchlist for coming weeks, which includes $Lululemon Athletica(LULU.US$ $Tesla(TSLA.US$ $Crocs(CROX.US$ $GCB(5102.MY$ $Crude Palm Oil Futures(JUL4)(FCPOmain.MY$
Remember, low can get lower. so for $Lululemon Athletica(LULU.US$ and $Crocs(CROX.US$ its good to watch for now until there is clear sign of reversal.
$GCB(5102.MY$ stock price is a wild one and from the various news source, rising cocoa price may not be the best for GCB due to higher borrowings. Nevertheless, if market still pushes price up, will this still be a BUY? or too high risk?
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Loves technical analysis and sharing my trade ideas and stock trading journey via my YouTube Channel @Ryugentrades
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