Levels shown on the chart
Long on the retest
Stock at strong demand zone, narrow spread, with low volume reflects very less supply
Further price rejected the demand zone break, and came back strongly on increasing volume, indicating a shakeout of weak shorts
Views welcome
Long on the retest
Stock at strong demand zone, narrow spread, with low volume reflects very less supply
Further price rejected the demand zone break, and came back strongly on increasing volume, indicating a shakeout of weak shorts
Views welcome