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General discussion of why “only price” pays. As well as introduction to support, resistance and basic trend lines. Good introduction and we will build upon this session going forward.

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Why?

Price is the only thing that pays.

Risk

-Number one job of any trade is risk management.

Long or Short

Support

Resistance

Multiple Time Frames

Price and volume initially

Use the left to show the right – “theory”

Trends (slower moving)

-Trend breaks (faster moving)

Indicators

-Simpler is better

-To much noise creates to many signals

-Trading less is always better

Avoid sideways action at all costs

Trade plans, all based around technicals and key levels

-breakouts/breakdowns – other traders come in.

-profit targets and stop losses

Fundamentals have value but only if the stock is moving. Don’t fall for the trap.

Screenshot Charts to do Left Side/Right Side analysis

Techn0-Fundamental Analysis

10/14/2016 12:41 PM CANN potential long post 2PM based on holding $3, ideally push through $3.40 for potential gapper, with stop on $3.00

Q and A

Zero float – Backup source http://finviz.com/

One Platform. One System. Every Tool

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