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MarthaStokesCMT-TechniTrader

ECPG Has Rare HFT Pattern

Encore Capital Group Inc (NASDAQ:ECPG)  
MarthaStokesCMT-TechniTrader  
NASDAQ:ECPG   Encore Capital Group Inc
Candlestick Analysis Chart Patterns Beyond Technical Analysis ECPG HFT pattern action highvolume Support and Resistance professionaltraders profits
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candlestick chartpattern beyondta ecpg hft pattern action highvolume supportandresistance professionaltraders profits
HFTs rarely trade a stock more than one day. ECPG has 2 days of HFT action moving the stock with strong momentum with high volume. Often VWAP orders from smaller funds will trigger after an HFT run day. The stock breached resistance but is at risk for professional traders taking profits. ECPG is an S&P 500 index component.

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Martha Stokes, CMT
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