TradeVSA - Stock Trade Ideas

PTRANS - Potential Mark-Up Stage?

TradeVSA
Publish date: Tue, 19 Jan 2021, 07:35 PM

 

1. Accumulation stage

-long period of accumulation with low volume consistently

-share price ranging around 20/40 MA , well supported within a range

- a lot of SP(spring) and T(test) signals appeared in accumulation

 

2. Wash out

- down bar with average volume

- SP (spring ) signal appeared at support range of 0.72-0.75

- successful reversal with MORNING DOJI STAR candlestick pattern

 

3. Potential mark-up stage

- wide spread bar with increasing volume

- volume triggered Green Pentagon signal and LC signal

- above 20/40 MA

 

Look for confirmation of mark-up stage , monitor for continuation of trend .

 

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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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