Simple Setup
Stock falling from Sept 17th 2020
But with low volume.
Long wicks at bottom.
more than 20% of candle body.
on 25th Sept closed around 9EMA.
Today was a buy above 9EMA 451 452 plus levels
16Th candle was the first target.
it was 472 and made high so far 471.
In the process supported by RSI and Stochastics
If you analyze the buy sell volume from 21st September buys were always higher than 50%
and on 25th September it was as high as 80%.
This we call a screaming for a buy.
A sitting duck trade, as long above 9EMA
Stock falling from Sept 17th 2020
But with low volume.
Long wicks at bottom.
more than 20% of candle body.
on 25th Sept closed around 9EMA.
Today was a buy above 9EMA 451 452 plus levels
16Th candle was the first target.
it was 472 and made high so far 471.
In the process supported by RSI and Stochastics
If you analyze the buy sell volume from 21st September buys were always higher than 50%
and on 25th September it was as high as 80%.
This we call a screaming for a buy.
A sitting duck trade, as long above 9EMA