1. Very strong background: it’s on an uptrend and there have been buying by the professional operators lately
2. There was a strong signal at this price level (a shakeout), which is when the weak holders pass their stock to the strong holders (professionals). Long on a down bar with low volume near an up trendline.
3. Exit on a weak signal. Afterwards there was another entry opportunity when the market went down in low volume.
Analytical Trader
