Google stock is one of the tech companies that is going to recover
during this market downturn that we went through
Now look at the MACD indicator in this
chart you can see that the price is undervalued
this is the best time
to buy a stock price
also if you look at the candle stick pattern
it is very much near the new high breakout position
Now there are many ways to find
these kinds of patterns
That is why you have to develop your
own strategy but that doesn’t mean
i won’t share with you how i began learning
about technical
analysis you see in the beginning i could
not even recognise the chart patterns
And so i had to master this strategy
thanks to M. Kratter who wrote
the book “Rocket Stocks” which you
can find on Kindle Amazon library
i mastered this strategy
and i developed my own strategy
which i call the rocket booster strategy
this strategy has 3 steps which are:
- The price has to be above the 50 EMA
- The price has to be above the 200 EMA
- The price should rally up or break out
The last step is very very important
because remember you are looking for that
rally upwards.
Also notice that the RSI below has crossed meaning the buyers
already won the market price war
before this breakout that is above to happen.
Rocket boost this content to learn more
Disclaimer: Trading is risky you will lose money
whether you like it or not please learn risk
management and profit-taking
strategies
also, feel free to use a simulation
trading account before you
trade with real money