A good accumulation Range
A "SPRING" and a good up move
Relative strength positive
Money flow positive
Increased Buying Pressure
Good quarterly results
Now, A break out of the Accumulatio zone on increased volume. Also going past an old supply area of the BC bar.
Looks poised for a move to stage 2. Could also test the previous supply before further up move. Next couple of sessions would throw more light.
A "SPRING" and a good up move
Relative strength positive
Money flow positive
Increased Buying Pressure
Good quarterly results
Now, A break out of the Accumulatio zone on increased volume. Also going past an old supply area of the BC bar.
Looks poised for a move to stage 2. Could also test the previous supply before further up move. Next couple of sessions would throw more light.
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Disclaimer
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.