How do day traders typically identify entry and exit points on ASX stocks?
- Submitted by 5 days ago
Jack Milleer
Answered 5 days ago
Day traders identify entry and exit points on ASX stocks using technical analysis tools such as candlestick patterns, support and resistance levels, moving averages, and momentum indicators like RSI or MACD. They closely monitor price action and volume for signs of potential reversals or breakouts. Intraday company updates, earnings announcements, and market sentiment also play a key role in timing trades effectively for short‑term gains.
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