JMFINANCIL: Wyckoff Method Signals a Strong Buy Opportunity

9월 3일

Wyckoff Story

• Prior to trading range we were in downtrend and then we have SC and CHoCH (Change of character). Let’s assume our bias is accumulation.
  

Down wave Analysis

• We can see that the volatility of the down wave is decreasing from Phase A to Phase C, confirming the accumulation Bias.
  

Volume Analysis

• We have supply decrease from Phase A to Phase C indicating supply is being absorbed.
  

Final View

• Bullish on the stock