1. Stock is consolidating below 151 resistance, forming higher lows with a bullish structure.
a breakout required above 151 with strong volume to a fresh bullish move.
2. price action shows a volatility contraction.
3. moving averages sloping up trend intact. wait for volume breakout and bullish close.
4. volume has since declined but remains stable, showing healthy consolidation.
a breakout required above 151 with strong volume to a fresh bullish move.
2. price action shows a volatility contraction.
3. moving averages sloping up trend intact. wait for volume breakout and bullish close.
4. volume has since declined but remains stable, showing healthy consolidation.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.