In circumstances similar to May GDC on a1`5 minute chart pumped today for 60% and then
faded to the middle basis band of the Bollinger Bands below the mean VWAP and POC line of
the short term volume profile. The MACD is showing bullish divergence. THE RS lines are above
the 50 level. I have GNC on watch in the after-hours and tomorrow's pre-market to resume
bullish momentum and will enter if price gets over the VWAP/POC at 4.17 especially if volume
returns.
faded to the middle basis band of the Bollinger Bands below the mean VWAP and POC line of
the short term volume profile. The MACD is showing bullish divergence. THE RS lines are above
the 50 level. I have GNC on watch in the after-hours and tomorrow's pre-market to resume
bullish momentum and will enter if price gets over the VWAP/POC at 4.17 especially if volume
returns.
Trade active:
My idea from May linked here :
Comment:
The ticker is GDC not GNC like the subject header !