While many traders view the current market rally as an entry signal, the most opportune moment to buy $NEIRO has already passed, with the ideal window closing two days ago. During that period, the price was undergoing a retest phase, marked by diminishing volume – an indicator of cautious sentiment in the market. The price’s reluctance to break the VWA on the daily chart served as a key buy signal for me, prompting me to strategically increase my position.
Today, the market is simply experiencing a standard price rally phase. Having already secured my entry at a favorable point, I am now content to sit back and manage my gains by trailing my position. This approach allows me to capitalize on the upward momentum while maintaining a hands-off stance as my profits accumulate.
