TradeVSA - Stock Trade Ideas

SCOPE - Challenging resistance!

TradeVSA
Publish date: Thu, 18 Feb 2021, 01:04 PM

 

1. Accumulation stage

- low volume sideway accumulation with T and SP signals

- NS signal appeared indicated no sellers

 

2. Potential mark-up stage

- spike in climactic volume change the trend

- successfully make up above 20MA with 20/40 MA golden cross

- Green Pentagon appeared

 

3. Shakeout completed

- red pentagon with low volume pull back near 40MA

- followed by reversal pattern and reappeared of Green Pentagon

-a lot of T signals appeared testing support before continue to mark-up

- potentially challenging resistance of previous UT bar

 

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