Andy-Brittain

Green Plains High Tight Flag

Long
NASDAQ:GPRE   Green Plains, Inc
  • 114% gain in under two months
  • Pull back of 14%
  • Sideways movement over 13 days
  • Declining volume during pullback
  • Huge institutional volume over past 3 sessions
  • Making a turn off the 20 day SMA support level

Comments

Looks like the flags breaking up now 🤞🏻
+3 Reply
Killed it bro
+1 Reply
Which instructional volume are you talking about? I see nothing on the futures buddy...
+1 Reply
@jareem, The big volume bars over the past few days - 4x or 5x higher than normal volume bars suggests to me institutions getting involved. Unlikely that those bars are from retail traders and when institutes start buying in, there's often more to follow, helping breakouts follow-through and reducing the chance of a pullback.
Reply
Keep up the good work!
Reply
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