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InvestCEO with Kyle Henris

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2 contributions to InvestCEO with Kyle Henris
When buy price goes above demand zone
I had identified a buy zone in the green area on the attached and set up an alert for when the stock reached that price. Overnight the stock price opened well above my demand zone as well as the top of my sell price so my alert went off. The buy price is a new high for the stock, so I don't have any historical data to base the trade on. I went ahead and executed the buy order and have new stop loss and sell price (all paper trading) but I'm really just flying blind at this point and I know that's not a responsible way to trade. What is the "correct" thing to do in this case?
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New comment 5d ago
When buy price goes above demand zone
1 like • 7d
@Ryan Henris I see you point. I'd been watching the stock and it had gone above the green zone in the past and had been hanging out below for the past week. I was thinking I needed to get confirmation it was on an upswing before buying it.
2 likes • 7d
Appreciate the feedback, looks like I need to go rewatch those lessons again.
Session Recording 11-2-24
Lots to unpack here. Covered: - Basic steps of a Superman model - Setting HT zones and using the Jedi entry model - Advanced price action reading What was your biggest takeaway?
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New comment 8d ago
Session Recording 11-2-24
2 likes • 10d
Biggest takeway - I've got a lot to learn! 😊
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Dana Morgan
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9points to level up
@dana-morgan-3668
New to investing and excited to learn!

Active 1h ago
Joined Oct 20, 2024
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