
I used a few indicators:
Bollinger Bands: price dipped near the lower band and started to stabilize, signaling a potential mean reversion
"Golden pit" setup: pulled back, shook out weak hands, then started to firm up those are the kind of setups I keep an eye on
Scanner: I run it to catch stocks with unusual volume and volatility for the day
So basically:
Right spot + clean structure + signs of money flowing back in
I usually just ride these setups for a short move don’t overstay my welcome.
Seen this type of setup pretty often lately. If you're into short-term plays, definitely worth keeping an eye out
https://i.redd.it/u2tmhhtfkfrg1.jpeg
Posted by One_Affectp