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CCK - First Pullback from Accumulation

TradeVSA
Publish date: Sun, 03 Jan 2021, 11:59 PM

 

1. Shakeout completed
- removal of weakhand holders

2. Long period accumulation
- Shakeout in accumulation
- False breakout in accumulation
- Lots of upbar with increasing volume

3. Change in trend with high volume
- Pullback
- Testing major resistance

 

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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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