TradeVSA - Stock Trade Ideas

Jaks Resources Berhad: Completed Pullback with High Volume

TradeVSA
Publish date: Wed, 04 Dec 2019, 01:39 PM

TradeVSA Weekly Chart

 

 

Strength in the chart:

  1. High volume sell-off bar shows potential accumulation at the bottom of mark-down stage
  2. Changed in trend to accumulation stage with green pentagon bullish signal
  3. Trend changed again to mark-up with Line Change high volume
  4. The latest UT bar show distribution and forming a pullback pattern now

 

TradeVSA Daily Chart

 

 

Strength in the chart:

  1. 1st Pullback completed after accumulation stage
  2. Lots of major Sign of Strength with less sign of weakness
  3. Forming another pullback with red pentagon bearish signal

 

TradeVSA Hourly Chart:

 

 

Strength in the chart:

  1. Spring become major support
  2. Line Change + Green Pentagon with high volume confirmed the strength in hourly chart
  3. Testing the support with 3 Test Bars

 

Watch the video below for more details about Jaks using Volume Spread Analysis:

 

  1. 2 December 2019

https://www.tradingview.com/chart/JAKS/8C3WufYz-TradeVSA-Pullback-completed-in-Jaks/

 

  1. 4 December 2019

https://www.tradingview.com/chart/JAKS/4zAQSvZ4-TradeVSA-Jaks-Testing-Support-in-Hourly-Chart/

 

Contact us via: email at support@tradevsa.com or Call/WhatsApp at +6010 266 9761 if you have any queries.

 

Join our FREE Education via Telegram Channel: https://t.me/tradevsatradingideas

Facebook: facebook.com/MartinTFWong

 

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment