$MTZ - Accumulating for the next highWhat do I see to consider this a Good Entry?
Sideways movement, accumulating for the next high, probably. The next good entry will be at the breakout of 109.62.
Wainting:
High Volume Breakout > Average 20
High > Highest 160
At this moment:
EMA: 80 > 160 (Green band)
Close > EMA: 80 / 160
Close > SMA: 480 / 800 / 1280 / 1600
ADR: >4%
How do I control risk?
(AND)
- STOP (Low - Day)
- Total Risk I can accept: 0.50%
- Max Account contribution: 20%
When would I sell? Just go up the stairs
(OR)
- Heiken Ashi - last day low
- EMA 80
- EMA 160
