Sign of Strength in the Chart:
1. Gap formed Support
2. Confirmation sign of strength with Test, Spring and No Supply
3. Volume increasing heading to resistance
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before...
1. Long Period Accumulation
- Narrow spread bar low volume
2. Reversal Setup
- High volume upbar
- Crossing above 20 / 40MA
3. Gap Up above Major Resistance
- Big gap with UT
- Price still at the gap
4. Tested well at new support
- Volume low with narrow spread bars
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Disclaimer
This information only serves as reference...
