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jwfalls4000
Apr 2, 2021 4:53 AM

$VUZI #ActSeq on solid volume accumulation Long

Vuzix CorporationNASDAQ

Description

Seems to be some real volume accumulation happening on days where consolidation occurs. Buyers supporting the stock. Look to get long if daily triggers the weekly. Would also like to see some actionable signals, like a hammer candle on the 20 EMA.
Comments
ClutchTraderz
What do you mean by "if the daily triggers the weekly?"
jwfalls4000
@ClutchTraderz, good question. The weekly is the middle orange line (i.e. making the top of the weekly candle). If the intraday price reached that level, I would go long. If it continues it's uptrend, I would add to the trade if it triggers (reaches) the level of the monthly candle top (blue line).
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