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MarthaStokesCMT-TechniTrader
Nov 22, 2023 5:48 PM

How to See Fundamental Improvement in Technicals, $VRNT Example 

Verint Systems Inc.NASDAQ

Description

Stocks that are forming bottoms right now are completing faster due to the improvement of their fundamentals in the current quarter.

For example, NASDAQ:VRNT is moving out of the extreme dump by HFTs and retail groups. This is a common pattern that indicates shifting sentiment in a bottom formation.

The candlesticks stairstep upward as Pro Traders get in the mix of Dark Pools buying at bargain prices.

The largest Institutional investors who use Dark Pools to accumulate huge positions over time are the first to buy in a long-term uptrend, at bargain prices. It can be a very early signal, but these are the savviest fundamentals-driven investors in the market, so it pays to learn their footprints in stock charts.
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