After the first major inflow in funds flow, the stock exhibited a bearish descending triangle to help in further accumulation of the stock. The bearish descending triangle is to lead people to believe it is in distribution mode. During this time, the funds flow inflow continued to go up secretly.
This followed with a breakdown of the descending triangle which see no net funds outflow and no net selling/shorting -- only increment in funds flow (more smart monies buying). The end result? The descending triangle is negated very bullishly with a strong influx in funds flow. Never go against smart monies in the market.
This followed with a breakdown of the descending triangle which see no net funds outflow and no net selling/shorting -- only increment in funds flow (more smart monies buying). The end result? The descending triangle is negated very bullishly with a strong influx in funds flow. Never go against smart monies in the market.