Long
$SWCH Swing Trade Idea
SWCH looking ripe for a swing to the upside.
Short term volume profile back to August shows a b-shape with POC around $15.50.
If SWCH can maintain $15.50 - $16 area and turn it into support (previous resistance), we should be able to see the longer-term POC at $18 area.
We'll need to accumulate more buying volume at $16 - $17 area, but once buying pressure comes in, going to $17 will be easy.
Short term volume profile back to August shows a b-shape with POC around $15.50.
If SWCH can maintain $15.50 - $16 area and turn it into support (previous resistance), we should be able to see the longer-term POC at $18 area.
We'll need to accumulate more buying volume at $16 - $17 area, but once buying pressure comes in, going to $17 will be easy.
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