{"id":3818,"date":"2020-07-02T18:53:11","date_gmt":"2020-07-02T10:53:11","guid":{"rendered":"https:\/\/www.investagrams.com\/daily\/?p=3818"},"modified":"2020-07-02T18:53:32","modified_gmt":"2020-07-02T10:53:32","slug":"investagrams-featured-forecaster-of-the-week-sorbeterong-trader","status":"publish","type":"post","link":"https:\/\/www.investagrams.com\/daily\/2020\/07\/investagrams-featured-forecaster-of-the-week-sorbeterong-trader\/","title":{"rendered":"Investagrams Featured Forecaster of the Week: Sorbeterong Trader"},"content":{"rendered":"

For our featured forecaster of the week, we are showcasing a trader who was spot on with his trading last week. Sorbeterong Trader a.k.a. @gan21<\/a>, an active member of the community who constantly shares his own views of the market, was able to forecast the upswing of Italpinas Development Corporation or $IDC. Let\u2019s take a look at how he did it.<\/p>\n

The post can be found here:
\nhttps:\/\/www.investagrams.com\/Post\/gan21\/1100122<\/a><\/p>\n

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Although $IDC wasn\u2019t in an uptrend like many of the other stocks that stole the spotlight, it\u2019s range was big enough to provide a profit opportunity for those who did their homework. As a small-cap stock, the corrections of the blue chips and other bigger mid-cap stocks were signals that money could rotate here. There could be a variety of ways to trade this, but the one Sorbeterong Trader used and shared with the community is a momentum pause play in the intraday chart.<\/p>\n

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Trends exist within every timeframe. Thus, within bigger sideway trends, a smaller uptrend can be found within lower timeframes. In this $IDC trade, a momentary pause or consolidation could be the continuation pattern that one can use to trade the range. Despite having moved away from support, the upside was still good at 15% given that the range was wide. In addition, the use of intraday levels gave better control over the downside as a tighter stop could be used than simply using the support at the bottom of the range.<\/p>\n

Kudos to Sorbeterong Trader<\/a> for a good trade. As our featured forecaster of the week, you will receive FREE one-month InvestaPRO<\/a> access!<\/p>\n

<\/div>
<\/div><\/span>","protected":false},"excerpt":{"rendered":"

For our featured forecaster of the week, we are showcasing a trader who was spot on with his trading last week. Sorbeterong Trader a.k.a. @gan21, an active member of the community who constantly shares his own views of the market, was able to forecast the upswing of Italpinas Development Corporation or $IDC. Let\u2019s take a […]<\/p>\n","protected":false},"author":3,"featured_media":3813,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cybocfi_hide_featured_image":"","footnotes":""},"categories":[42,37],"tags":[],"class_list":["post-3818","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured-3","category-news-features"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/posts\/3818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/comments?post=3818"}],"version-history":[{"count":2,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/posts\/3818\/revisions"}],"predecessor-version":[{"id":3820,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/posts\/3818\/revisions\/3820"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/media\/3813"}],"wp:attachment":[{"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/media?parent=3818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/categories?post=3818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/tags?post=3818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}