TradeVSA - Stock Trade Ideas
DANCO - Continuation of trend?
1. Re-accumulation
- low volume accumulation
- consistent narrow spread bar and SP ,T signals appeared
- support formed around 0.605
2. Green Pentagon appeared
- increasing in volume after re-accumulation
- price successfully close above 20/40 MA
- 20/40 MA golden cross with increasing momentum
3. Ready to breakout
- higher low formed well-supported above 20MA
- ready to challenge resistance of previous UT
- monitor for breakout entry
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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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