Hi @Beany72 - if this holds above 039 then I'd say that at least temporarily it's been knocked out of its downtrend and is moving sideways. Check out the 3 standout volume bars in the sideways movement - they look like absorption to me. It's too early yet, but if you like the fundamentals keep it on your watchlist for more reinforcing signs. If it does play out 039 to 047 looks like the potential accumulation range. I'd want to see further confirmations though.
- Forums
- General
- Wyckoff trading method
Hi @Beany72 - if this holds above 039 then I'd say that at least...
-
- There are more pages in this discussion • 721 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Andy Udell, CCO
Andy Udell
CCO
SPONSORED BY The Market Online