High Probability Trades using Weekly Supply and Demand Zones

Chris Ward

Weekly supply and demand zones are identified to guide high probability entries on daily and lower time frames.
Rules for Entry:
1. Identify supply and demand zones on the weekly chart
2. Position Trades - Enter at the beginning of the zone with a stop at the other end of the zone. This is only appropriate when buying in the direction of the weekly trend.
3. Swing Trades - Wait for entry into the zone and then watch for a change of momentum on intraday charts. Enter only when the trend signals a change. Place stop at the end of the zone.

BA Daily

BA Weekly

BABA Daily

BABA Weekly

CAKE Daily

CAKE Weekly

CAR Daily

CAR Weekly

CERN Daily

Bounced off of weekly supply zone. Momentum is still up so I wouldn't be surprised if it continues upward after hitting daily supply. I would be a buyer at weekly demand further down.

CERN Weekly

Bounced off of weekly supply zone. Momentum is still up so I wouldn't be surprised if it continues upward after hitting daily supply. I would be a buyer at weekly demand further down.

This information is presented for education purposes only. StockCharts.com is not responsible for any comments, advice, or annotations presented on this page. Please review our Terms of Use for more details.