TSTC IN BUY AREA

The revamped trading plan has arrived. If you click on the chart to the right you will see what I have created.

When the candlesticks are green, there is a bias to the upside. When red, there is a bias to the downside. I want to ride the waves within the predominant trend. So when the trend is up, it makes the candles green and I want to catch a wave up after the stock has been oversold as noted by the stochastics being below 20.

Since I enjoy shorting stocks too, I want to look for candlesticks that are red and the stochastics shows that the stock has been overbought or above 80 as seen on the stochastic chart.

If you look at the chart I have attached, you can see that the candlesticks are green and that the pair has the stochastics near 20. Granted they are right above 20 so I am going to set some orders to be activated once a certain price is met.

I am looking for an entry at $17.58 and a possible second entry at $15.30. I hope the second level doesn't ever reach there because it would be a 13% loss on the first position.

My exits will be below at $13.80 and above near $24.00