It looks like we're getting close to Phase E! One more jump up, then a small pullback, then blast off?!?!?!
I've plotted Wyckoff Theory over MARA. I feel we are currently in Phase E.
I've plotted Wyckoff Theory over RIOT. I feel we are currently in Phase E.
"Phase E: In Phase E, the stock leaves the Trading Range, demand is in full control and the markup is obvious to everyone. Setbacks, such as shakeouts and more typical reactions, are usually short-lived. New, higher-level Trading Ranges comprising both profit-taking and acquisition of additional shares (“re-accumulation”) by large operators can occur at any point...