Great volume bars , tons of accumulation on this . We broke up out of a base today with nice volume to help validate the entry . Also decent relative strength. SMID had a weaker start but strong close . This paired with the base break, low selling volume in base and the recent weeks of huge accumulation volume bars makes this a buy for me . Entered at the close , Stop low of day .
Note
Closed entire position yesterday ( luckily ) . I actually closed at a tiny gain but I realized that this is super volatile on lower timeframe , gets whipped up and down pretty quickly ( often the whole days range in one single 5 min candle ) I didnt like that so I exited . I have made a mental note to be more careful and take the time to observe lower tf charts too even if its a multi day play .
艾力克~
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艾力克~
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.