revised trading range-AT IMPORTANT DECISION POINT-VGUARD
structure looks positive to me..
watchout of an upthrust.. as the current upmove is happening on low volumes;
on the contra side, 250 levels previous was receiving a lot of climactic bars and progress was being stopped inspite of volumes, after that, the stock went into a base formation and such volumes are not being encountered, is it a sign the required supply absorption is complete?
maybe....
disclaimer.. not an investing/trading recommendation
watchout of an upthrust.. as the current upmove is happening on low volumes;
on the contra side, 250 levels previous was receiving a lot of climactic bars and progress was being stopped inspite of volumes, after that, the stock went into a base formation and such volumes are not being encountered, is it a sign the required supply absorption is complete?
maybe....
disclaimer.. not an investing/trading recommendation
Trade closed manually