Hey traders, ULTRAGENYX PHARMACEUTICAL
is in an uptrend with high sell volume
traded in the middle of the session and sellers rejecting the VWAP
. Looking at the TIMEFRAME M1
we see a panic it is heading to its last low point to start again in a price increase. Great chance to break the VWAP
to recover the losses of the last session and finish on the first high of the consolidation zone. Which makes us say that there is a buying push and that she wants to breakout the area. Then if the buyers are coming back to negotiations we can breakout the volume
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