False break out on BTC TF 4H. Check for breakout to benefit from trend up and changing price
We have very small volume bear day (day where there are significantly more selling pressure) according to my indicator: Pressure Chart or Pressure Candle. A close above the most recent bear day is an add. The stock has strength being a tech stock in the UK. If it keeps holding the 9 VWEMA then $DAVA is very bullish.
After a fall on Feb and March. Four trades were taken. Everything is shown on the chart Comments and suggestions welcome! Good luck!
This is a long term chart, but long term plays are always pretty good to sit on. There was a massive long term trend that ended once it put in a 2B (A low, and then a higher low) which created a point for the new trend to begin. As soon as the price action has crossed above the trend line it has hit its head again the point which the price fell off the chart...