npatz_2000
Long

WYCKOFF LONG ON ALSN

NYSE:ALSN   ALLISON TRANSMISSION HLDGS INC
25 0 0
Looks like a Wyckoff spring to me. Very large volume gap down to test the lows but unable to close below the lows, followed by some follow through to the upside. Ideally would have liked to see some greater volume on the automatic reversal (AR), but patterns are rarely perfect. R:R is good on an AB=CD leg. Good trading.
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