TradeVSA - Stock Trade Ideas
MFCB - Breakout successful?
MFCB - Breakout successful?
1. Shakeout
- Red bar with low volume
- followed by Green Pentagon and SP signal
- smart money shakeout weak hand holders
2. Potential Mark-up stage
- wide spread bar with increasing volume
- 20/40 MA golden cross over with increasing momentum
3. Ready to breakout
-narrow spread bar testing seller at resistance level of 7.83
- down bar with low volume
- wait for confirmation of breakout
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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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