Gyan for the week..Courtesy Inox Wind.
Most people tend to fear selling a good stock or one in momentum saying I sell the stock and it moves up again after that and I tend to miss the next movie.
Here is what I do in this case.

As soon as i sell the stock I set alerts in the stock to see when it will reverse..So if the stock moves from the next day itself i am ready for any moves.
I also set optimal downside levels for where it could/should reverse from and i'll look to see if it bounces on any of these.

Upside Case
In Inox above todays candle it'll be a wedge breakout again and a space where a trade can again be taken as and when it happens.. (Black)
This would hold the most bullish structure in the stock and be optimal considering we are still massively long IWEL.
Next option is another alert at ATH if you don't wanna catch the wedge and want to be more certain. (Blue)

Downside Case
1) Ideally you want the stock that is in momentum to bounce from the 20EMA at worst..whereby it holds its structure..
2) The marked yellow base is where its taken support in the past and the next logical bounce floor.. But this might push the stock into a few weeks of consolidation. Also the 50EMA will meet somewhere there.
If you see it via Fibo you will see both levels perfectly coincide with key Fibo levels.

Now we all know ATH breakouts are extremely difficult and even more difficult when the stock is already so extended..so ideally you don't mind the stock spending a couple weeks consolidating and firming itself up at this level before the next breakout.
Its currently formed a poll for an HTF too..so if it comes out of ASM1..consolidates 2-4 weeks and breaks again..that would be an amazing HTF setup which the goal is to be ready for..
Hope at-least a little bit of this made sense.

Going ahead this is the kind of content i might share more off on my WhatApp channel.. (if you'll like such analysis)
Link: whatsapp.com