VSTECS - Full Pull Back Completed?
1. Accumulation Stage
- long period of accumulation stage with low volume
- a lot of signals NS, SP , T and SP appeared to test the support
- well- supported above 1.86 level
2. Climactic volume with wide spread bar
- climactic volume potentially changing the trend to mark-up stage
- successfully stand above 20/40 MA
- Green Pentagon signal appeared , enter into bullish trend zone
3. Full pull back
- Red down bar with low volume
- pull back to bottom of wide spread up bar ( Full Pull Back )
- well supported above 20 MA , with decreasing volume , potentially decreasing sellers
After full pull back , potentially ready for the next mark-up , 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.