Capturing Profits With Technical Analysis By Sylvain Vervoort [TRUSTED]

The first test came with in late 2023. The stock was ripping. Everyone on Twitter was screaming “to the moon.” Martin’s gut screamed “buy.”

He placed a conditional order: short SPY at $478, stop at $484, target $462. The first test came with in late 2023

The next morning, the jobs report came in hot. Tech sold off violently. Within two weeks, NVDA was trading at $452. The next morning, the jobs report came in hot

He stared at the screen. He hadn’t predicted the drop. He had simply built a cage for it—a profit capture zone based on historical volatility and Fibonacci extensions of the prior swing low. He stared at the screen

He had learned, at last, to trap it.

Martin had been trading for six years, but he still felt like he was gambling. He’d ride a stock up 15%, only to watch it give back 20% the next week. His screen was a Jackson Pollock of green and red candles. Fear was his co-pilot; greed, his navigator.