Trading style 👇

Ondo : How to understand supply demand

sTone83 OP Ondo : Simply put, when the stock price reaches a 52-week/all-time high, there is almost no supply above it, so it is easy for a small amount of demand to continue to push up the price, because it is easier for the price to move in the direction of least resistance

Ondo sTone83 OP : Thanks for sharing, I learned

MattSully : Thanks for sharing bro Any other names on your list for a potential breakout?

sTone83 OP MattSully : Some have just broken through, and some haven't. Be patient and wait for the stock to make a name for itself. There is no point in entering early. Control position size, remember to calculate stop loss in advance, good luck~

MattSully : Thank you for your kind wishes…. and your list of possible names. That’s awesome!

Good luck to you too!

Cherry Cat : thanks

Cherry Cat : For beginners, what is the difference between “supply and demand” and “pursuit”?

sTone83 OP Cherry Cat : The new high distance created after breaking through the zero boundary of “supply and demand” is within 1-2% of the recent highest point of the consolidation zone. It is a low-risk, high-return trading area sought by traders;
Trades above this range can be collectively referred to as “chasing higher.”
The term “chasing high” is mostly used by some ignorant people to scare some new ignorant people, because their cognitive deficits make them unable to tell whether the new high that has appeared is an opportunity or a risk

Cherry Cat : Thank you very much.Understand and learn with your heart