Looks like buying started to come in in addition to a positive RSI divergence. Careful short. Use 5 or 15 to confirm or deny accumulation phases.
Would like to see a double bottom/spring in addition to sustained buy activity. USe the 5/15 to pinpoint the buying and if its continuous.
Sources of education: Richard Wyckoff Tom Williams Volume spread analysis VSA/ Master the Markets Pete Faders VSA* Read the ticker dot com Wyckoff analytics Dee Nixon
Avoid buying into weakness/supply/resistance Avoid selling into strength/demand/support Avoid entry when price is in middle of a range (phase B)