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π‘ Jesse Livermore's "Century Mark" Rule
According to Edwin Lefevre, βWhenever a stock crosses the 100, 200, or 300 mark for the first time, it does not stop there. It almost always goes higher, sometimes significantly so, because a psychological barrier has been broken.β
Livermore used these marks as entry triggers. If a stock had been consolidating under $100 for a long time and finally broke through to $101, he wouldn't view it as "too expensive." Instead, he viewed the breakthrough as an institutional green light that the stock was entering a brand new, aggressive upward trend.
Now guess the stock name?
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Kopran confirm stage 2 stock .. Keep your horizion for medium to long term. Gradual accumulation suggested.
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Raymond may give good intraday opportunity. Wait for the set up to align. π§ββοΈ
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The broader index Nifty is really struggling hard to sustain at higher levels during intraday. However stock specific activities are really working out.
