LVS at demand zone, prepare to long
Condition: SPY at the demand level 271, or SPY the demand level 261, or SPY daily chart is in uptrend.
*** If SPY is in downtrend and not at any demand zone, don't long LVS. ***
LVS at demand zone, prepare to long when price goes up to 49.10;
Stop Buy 49.1, stop 47.3, target1=59, target2=63
Plus:
If SPY bounces up from 271. LVS may form double bottom.
If a Gap could break the down trend line after entry point, it will be the best confirmation.
*** If SPY is in downtrend and not at any demand zone, don't long LVS. ***
LVS at demand zone, prepare to long when price goes up to 49.10;
Stop Buy 49.1, stop 47.3, target1=59, target2=63
Plus:
If SPY bounces up from 271. LVS may form double bottom.
If a Gap could break the down trend line after entry point, it will be the best confirmation.
Order cancelled:
Demand zone 47-49 had been broken.