SGMO - The increasing of the demand bounced the price back.

SGMO - Hi, days ago my interest was to buy this stock according to the effort, even if the price was giving an indication of weakness. The increasing of the demand bounced the price back. Now the demand has decreasing fast. Indeed, the price is not advancing anymore. It is not a certainty, because the price could eventually decline by a new liquidation of securities on the weakness of the demand. According to the liquidation on the top, IF the price will decline it could eventually continue the falling. But, it is necessary to monitor the increase of the strength in opposition, because you have to consider that the fast falling from the top didn't mark a relevant Sign of Weak Dominance.

Are you thinking to enter the market?

Girolamo Aloe
Girolamo Aloe -
Supply Demand Wyckoff Trading Mentor.
Founder of Profiting Me -
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