The stock has formed a doji on having a triple top formation.
Volumes in this stock has previously also failed to follow up with good rallies.
Can be looked to short below the trendline.
Volumes in this stock has previously also failed to follow up with good rallies.
Can be looked to short below the trendline.
코멘트:
Hence, go long in the case of breakout with good volumes.
코멘트:
Volumes don't matter in this stock . Proven today again. Classic reversal from triple top and trendline has been broken. Unless it sustains above the line for a while, stock's weak. Shorting opportunity.
코멘트:
Closing above the line. Not weak. No shorts.
코멘트:
23 Mar : As suggeested , no shorts to be taken. It has given good follow through. Initiate longs, shows good signs of strength.
코멘트:
Longs initiated have given 3 % gains today.
코멘트:
7.5 % up today. That's great :)
코멘트:
Lesson revisited : Volumes do matter as always.
Take this into consideration too.