1. Accumulation Stage
- low volume sideway accumulation
- support formed above 0.2 with narrow spread bars
- T (test ) and SP (spring) signals appeared during accumulation stage to test support and sellers
- SO with relatively high volume to shake out weak hands holder
2. Potential Mark-Up Stage
- spike in volume with wide spread bar
- breaking resistance of previous UTs
- 20/40 MA golden cross with price well-supported above
- Green Pentagon appeared indicates increasing momentum
3. NS signal appeared
- down bar with decreasing volume
- well-supported at 20 MA line
- forming higher low and reversal pattern
- 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.