IPI in Wyckoff Distribution, get ready for Markdown phase!
Don't like Wyckoff? Consider downside targets on traditional head and shoulders break measures to same area.
PSY = preliminary supply
BC = buying climax
AR = automatic reaction
ST = secondary test
SOW - sign of weakness
UT = upthrust
LPSY = last point of supply
Source for labels: Stockcharts.com
Don't like Wyckoff? Consider downside targets on traditional head and shoulders break measures to same area.
PSY = preliminary supply
BC = buying climax
AR = automatic reaction
ST = secondary test
SOW - sign of weakness
UT = upthrust
LPSY = last point of supply
Source for labels: Stockcharts.com