SLM Volatility contraction bar entry& Median Line ExitAfter a month of sideways price action over the turn of the year, we get a new price high on the on the back of poor earnings. Price held and a low volume narrow range bar shows up. I would expect there should be more selling here but minor volume day. Take a long but stopped a few days later.
However price comes back in early Feb after holding the 50EMA.
Try another squat bar buy stop entry.
Price target the ML as Dr. Andrews says, "Price makes it to the median line 80% of the time".
