The cumulative volume of the "Wyckoff/Weis Wave" shows an interesting accumulation of a solid company. After the recent declines, we can see a clear basis for the price rebound. The Wyckoff Wave Volume Indicator shows the distribution of buying and selling wave forces. From the current impression, we can conclude that sellers are losing strength and we see more and more active buyers. I expect an upward movement in the coming weeks. Additionally, it is a company with solid foundations that also pays a dividend of 9.59%
@diazipa, The question is not very precise... I understand that this is about a one-line breakout of the bottom? Pay attention to the entire analysis, it is not an analysis of a single day but of the entire market structure. Individual declines do occur, but the entire market structure indicates accumulation over several months, which is perfectly demonstrated by the volume on the Wyckoff Wave. We send PTA (Potential Trading Area) reports with their description to our subscribers 5 days a week. The main signaling factor is the volume and structure of the entire market. Check our website volumedaytrader.com for more information regarding the technic we use.