March momentum movers

Mar 8, 2022

Here's a comparison chart of 8 recent March 2022 momentum movers. Obviously, the catalyst was the Russian invasion of Ukraine and how it's temporarily impacting the global supply chain / commodities market. Heroiam slava! I'm not advocating going long or short especially at this point now. But it would be prudent for long positions to trim take profit and short position entry planning. Along with the comparison chart, I set my tickerTracker MFI oscillator to 48 because this is a 15-minute ext chart. Keep in mind these are high risk, high volatility, unpredictable short-term moves based on newsworthy geopolitical events.

HUSA
CEI
IMPP
ENSV
NINE
USWS
TOPS
SHIP

Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
tradingview.com/u/growerik/

Mar 8, 2022

Note

President Biden to impose a ban on imports of Russian oil, gas & coal today. Canada has already done so.