<TradeVSA> CCK - First Pullback from Accumulation1. Shakeout completed
- removal of weakhand holders
2. Long period accumulation
- Shakeout in accumulation
- False breakout in accumulation
- Lots of upbar with increasing volume
3. Change in trend with high volume
- Pullback
- Testing major resistance
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Volumespreadanalysis
<TradeVSA> Topglov - Inverse Pullback & Continuation Mark-Down Sign of Weakness in the chart
1. Red Pentagon + Price breaking below 20/40MA
- Potential change of trend from Distribution to Mark-Down
2. Confirmation on mark-down and inverse pullback with Up-Thrust
- Rejection on 40MA
3. Green Pentagon but no follow thru above 20/40MA
- Confirmation on weakness in the background
4. No Demand appeared on 40MA
5. Up-thrust at 40MA.
- Price reject again to change the trend
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> Price will mark-up further soon ?Sign of Strength in the Chart
1. Change of trend with high volume
- Downtrend to accumulation
2. Long period accumulation
- shakeout and false breakout spotted in the accumulation.
3. Breaking above accumulation
- Currently price pulling back to support to try seller
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> SunPower Continue Mark-Up Stage after PullbackSign of Strength:
1. Accumulation with low volume and narrow spread bar
2. Green Pentagon with increasing volume
3. Pullback with no major weakness
4. Recently Green Pentagon indicates continuation of the trend
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> MVIS strong uptrend with Pullback in Hourly ChartSign of Strength and Weakness
1. Daily Chart
- Green Pentagon / Uptrend
- No Major Weakness
- Still supported at the gap
2. Hourly Chart
- Red Pentagon after Up-Thrust
- Spring at 40MA
- Looking for entry with hourly Green Pentagon
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> Johotin - Pullback Completed and Mark-up Soon?1. Daily Chart
- Pullback with Green Pentagon
- 2 No Supply (NS) Signal at the new support
- Trading close with support with low volume
2. Weekly Chart
- Uptrending since high volume Green Pentagon
- No major weakness
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
WMG - Shakeout Completed..Ready to Head to Resistance soon!1. High volume Line Change
- Great effort bar to monitor for potential support and resistance
2. Shakeout area
- Removal of weak-hand holders
3. Shakeout completed with high volume
- Confirmation of Strength signal with higher volume
- NS at the previous support (low of Line Change)
Looking for low risk entry near low of NS bar
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
HS1! 2020 Nov 30 Week PlanningHS1!
Bar 1
Price tried to break out of the resistance zone before meeting rejection to higher prices, closing in the lower region of the bar.
The breakout is not convincing
Bar 2
Another breakout attempt, but made a lower high than bar 1.
There is some demand as price close slightly above middle of the bar.
Reason for caution is that although the top of the resistance at 26876 is beginning to act like support, we are still in the supply area of Bar 1.
And the diminishing volume on the breakout attempts tell us that bullish strength is not really present.
Scenario planning:
1) 26876 resistance turned support and strong buy volume comes in. Will it attempt to close the gap from February 2020?
2) Mark up on low volume continues before price reversal
3) Price reversals back into resistance zone, and subsequently goes lower back into the rotation range
Trade with care for 30 Nov week.
GBPUSD - SHORT Hello Traders,
Hope everyone is doing well and staying safe.
CABLE is showing some serious weakness here and if we see price action in the supply zone we can go short.
On the other side DXY is not giving any clear signs of strength which can slow down the move for a while.
Important : Wait for the price action to appear in supply zone on a smaller time frame and take your positions with no more than 1% risk. If you don't see a retest on supply zone then don't chase market wait for the first pullback to take your position.
Have a great day!
<TradeVSA> IFCA - Reversal Completed...Ready for Resistance !1. Accumulation Stage
- NS as support
- LIne Change high volume indicating buyer in accumulation
2. Shakeout to remove weak-hand holders
- A wash with Spring before test resistance in accumulation
3. CoC Setup follow by NS signal
- Reversal completd with CoC
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> Dnex - Reversal Setup is Ready!1. Mark-Down with average to low volume
2. Potential Change of trend with high volume Line Change bar
3. CoC setup with strong confirmation on removal of weakhand holders
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock