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Channibal
Oct 5, 2016 4:12 AM

PARR - Long - Swing Long

Description

+ 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

Trade active

Entered Long

Comment

Moved Stop to Break Even
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