TradeVSA - Stock Trade Ideas

Sedania - Solid Accumulation with a Shakeout ?

TradeVSA
Publish date: Thu, 29 Oct 2020, 10:17 PM
TradeVSA
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Following Message

 

1. Accumulation stage

- Change of trend started with volume

- Long period of accumulation (6 months)

 

2. Heavy Selling at Resistance

- High volume bars with Up-Thrust

 

3. Removal of Weakhand-Holders

- A shakeout below support level with Spring bars

 

Successful tested support after the shakeout.

 

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