Trading power hour stocks may not have the volatility that the open has. However, no matter what time of day you trade, you need to play the setups.
Support and resistance trading is still just as important with end of day trading as in the morning. Look for patterns as well as moving average crossovers.
The stock market is a battle between buyers and sellers. They fight in the open, take a break, and regroup, then come back to end the day with another battle. Watching price action on a chart will tell you a lot. Sometimes, it’s best to sit and observe.
Those battles form patterns as well as support and resistance. As a result, it helps traders know how to trade. There’s no magic formula that tells you what a stock will do.
However, patterns can give you a sense of direction. If you want to know with certainty what a stock will do, then support and resistance might be the closest way to give that to you.