This is exactly what I wanted to see.
A bull flag at the 200 EMA. Volume is not enough for breaking through the 200 EMA.
But I don't see any big sellers. So they are not selling.
Why are they not buying? Because they are already in position.
In the meanwhile we are running out of sellers in the bull flag. Conditions are not overbought anymore. (RSI near to oversold)
So we are ready to break above the 200 EMA next week.
A bull flag at the 200 EMA. Volume is not enough for breaking through the 200 EMA.
But I don't see any big sellers. So they are not selling.
Why are they not buying? Because they are already in position.
In the meanwhile we are running out of sellers in the bull flag. Conditions are not overbought anymore. (RSI near to oversold)
So we are ready to break above the 200 EMA next week.