price is contracting and the volume has gone down on the right side of the chart
Note
Price failed to close above 506 and pulled back. probably a shakeout, if price doesn't break 50dma and tries again to breakout, a trade can be initiated
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Value doesn't move stock prices, people do by placing buy orders. Value is only part of the equation. Ultimately, you need demand - Mark Minervini
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.