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MarthaStokesCMT-TechniTrader
May 14, 2019 1:02 AM

ECPG Has Rare HFT Pattern 

Encore Capital Group IncNASDAQ

Description

HFTs rarely trade a stock more than one day. ECPG has 2 days of HFT action moving the stock with strong momentum with high volume. Often VWAP orders from smaller funds will trigger after an HFT run day. The stock breached resistance but is at risk for professional traders taking profits. ECPG is an S&P 500 index component.

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