Large effective volume this week with a pocket pivot in last 5 days combined with price is over a rising 20 day MA
Effective Volume analyses the intraday volume on the minute level to determine what small and large players are doing in terms of accumulation and distribution
Not sure about this one but keeps popping up on Chartmill so I thought I would share.
This one has come a long way this year with a low of 8.16 which makes me wonder when serious selling may occur so be safe.
The weekly and monthly candles do look bullish
Futu Holdings Limited operates digitized brokerage and wealth management platform in Hong Kong, China, the United States, and internationally. The company's platform offers investing services, including trade execution and margin financing which allows to trade securities, such as stocks, warrants, options and exchange-traded funds in various markets; and wealth management services, which offers various leading fund products, including money market, fixed income, and equity funds products. Its margin financing and securities lending services provides real-time and cross-market securities-backed financing services; and market data and information services. The company was founded in 2011 and is headquartered in Admiralty, Hong Kong.
Effective Volume analyses the intraday volume on the minute level to determine what small and large players are doing in terms of accumulation and distribution
Not sure about this one but keeps popping up on Chartmill so I thought I would share.
This one has come a long way this year with a low of 8.16 which makes me wonder when serious selling may occur so be safe.
The weekly and monthly candles do look bullish
Futu Holdings Limited operates digitized brokerage and wealth management platform in Hong Kong, China, the United States, and internationally. The company's platform offers investing services, including trade execution and margin financing which allows to trade securities, such as stocks, warrants, options and exchange-traded funds in various markets; and wealth management services, which offers various leading fund products, including money market, fixed income, and equity funds products. Its margin financing and securities lending services provides real-time and cross-market securities-backed financing services; and market data and information services. The company was founded in 2011 and is headquartered in Admiralty, Hong Kong.
Comment:
Overbought