Long
$SWCH Swing Trade Idea
SWCH looking ripe for a swing to the upside.
Short term volume profile back to August shows a b-shape with POC around $15.50.
If SWCH can maintain $15.50 - $16 area and turn it into support (previous resistance), we should be able to see the longer-term POC at $18 area.
We'll need to accumulate more buying volume at $16 - $17 area, but once buying pressure comes in, going to $17 will be easy.
Short term volume profile back to August shows a b-shape with POC around $15.50.
If SWCH can maintain $15.50 - $16 area and turn it into support (previous resistance), we should be able to see the longer-term POC at $18 area.
We'll need to accumulate more buying volume at $16 - $17 area, but once buying pressure comes in, going to $17 will be easy.
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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.