What is Shakeout ?

A shakeout is a situation in which investors or traders exit their positions in a stock often at a loss. A shakeout is usually caused by uncertainty or recent bad news in the market. This gives Smart Money an opportunity to accumulate lower.

Signals to monitor:

1. Downbar low volume

2. Upbar high volume closing on weakness bar

Below is the recording video

https://youtu.be/dztnIlF3uWM

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