TradeVSA - Stock Trade Ideas
SCABLE - Pullback Completed?
1. Full pullback
- breakout from accumulation with spike in volume
- low volume full pullback with 8 down bars
- successfully rebound between 20 and 40 MA
2. Support formed
- well-supported above 40MA
- higher low formed with narrow spread bars around 0.36
3. Ready to breakout
- Green Pentagon reappeared with increasing volume
- NS signal appeared , indicates less sellers
- price above 20MA ,waiting to challenge resistance
- wait for breakout for entry
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Disclaimer: This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Still can hold now?
2021-03-01 21:26