4T VCP
Setting up nicely. Price action is getting tighter with Higher lows getting near the horizontal resistance.
Volume is significantly low during pull backs and high during up move + Bounces are way too much aggressive as compared to pull backs.
50 EMA was undercut during the pull back once but then bounced back strongly. This time price bounced from 50 EMA.
Now the range is getting tighter, There is very less space for movement.
Looks like it is ready for a BO. As per the past price action the stock gives aggressive BO.
Volume is significantly low during pull backs and high during up move + Bounces are way too much aggressive as compared to pull backs.
50 EMA was undercut during the pull back once but then bounced back strongly. This time price bounced from 50 EMA.
Now the range is getting tighter, There is very less space for movement.
Looks like it is ready for a BO. As per the past price action the stock gives aggressive BO.
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Join My TELEGRAM for FREE t.me/Chartshala
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.