Reaching consolidation area at EMA200 , break out previous trend channel
A down bar with average spread, closing on the low with an ultra high volume - a selling climax? If the spread is considered as low spread, then it should be called "bag-holding" according to VSA terms Price is near a major support line, this kind of volume may indicate heavy buying of this counter by the professional money. I'll wait for further VSA action,...
Break up with volume (Disclaimer: for demonstrate planned trade records study only, not for recommend to buy or sell)
Strength / Weakness in the chart: 1. Velesto a. High volume upbars pushes price back to previos support b. Pullback with lower volume 2. Bahvest a. High volume upbars pushes price back to previos support b. Pullback with lower volume 3. IJM a. Testing the resistance b. Accumulation stage Send us your preference stock to review based on TradeVSA chart by...
MA20 (Blue) above MA40 (Red) on the Daily Candlestick. 3 Red Heikin-Ashi followed by 1 Green (Confirmation). Entry on opening of the next candle. Exit (10 Days even if in Green or Red)