MUTU - 3 WEEKS TIGHTIDX:MUTU - 3 Weeks Tight
(+):
1. Low risk entry point when stock pause
2. Volume significantly drop on week 2, and huge volume on week 1
3. Price above MA 50 > 150 > 200 over 10 weeks
4. Price is within 25% of 52 weeks high
6. Price is over 30% of 52 weeks low
7. 200 day MA trending up over 1 month
8. RS Rating is over 70 (90)
9. High volume on breakout
(-)
1. In the text book, 2nd candle on 3 weeks tight is must corrected by 3% but this stock it was corrected by 9%