+ there were 2 weeks of ultra high volume accumulation. First one during the 2nd week of June, and the second one is during the beginning of Sept.
+ today's breakout is also supported by another high volume day
+ NR7 bar on very low volume on yesterday's breakout
- What I don't like is the low volume during those sideway moves
- significant upper shadow on top of the break-out bar as well
+ narrowing of bollinger band
+ fast/slow ema have been criss crossing and pointing upward as of today's bar
+ today's breakout is also supported by another high volume day
+ NR7 bar on very low volume on yesterday's breakout
- What I don't like is the low volume during those sideway moves
- significant upper shadow on top of the break-out bar as well
+ narrowing of bollinger band
+ fast/slow ema have been criss crossing and pointing upward as of today's bar
Trade active:
Entered Long
Comment:
Moved Stop to Break Even
