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Guocoland Supported well above Gap... Pullback is Ready ?

TradeVSA
Publish date: Thu, 07 Jan 2021, 02:19 PM

 

1. Long Period Accumulation
- Narrow spread bar low volume

2. Reversal Setup
- High volume upbar
- Crossing above 20 / 40MA

3. Gap Up above Major Resistance
- Big gap with UT
- Price still at the gap

4. Tested well at new support
- Volume low with narrow spread bars

 

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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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