Hey guys, ALBERTSONS COMPANIES is in a fake bullish surge with a hammer candle shape and a fake continuation of traded sell volume. In TIMEFRAME M1 we notice a shooting star with a low return in sales volume executed, heading towards its last previous low point. Which is located on the base of the bollinger make a swallow to test the VWAP again. As well as the highest of the bollinger and finish on the top of the stabilization zone to check it.
Strong possibility of breakout the price with the return of momentum at the same time the zone for arrival on the second and to land on the next high. With test of a stabilization zone followed by a breakout but not enough buying force to catch up with the pre-session gains. With failure of the intermediate median of ANDREWS PITCHFORK.
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Strong possibility of breakout the price with the return of momentum at the same time the zone for arrival on the second and to land on the next high. With test of a stabilization zone followed by a breakout but not enough buying force to catch up with the pre-session gains. With failure of the intermediate median of ANDREWS PITCHFORK.
Please LIKE & FOLLOW, thank you!