Wyckoff Accumulation Zone
Updated
The sign of strength from $0.80-$1.20 seems violated - but this is just due to tapering anticipations at the FED level . Clearly we are in a super strong Wyckoff accumulation zone and there will be a break to the upside at $1.50 followed by a retest before we head to $3-$4.
Going long here is great .
I am not a financial advisor.
Going long here is great .
I am not a financial advisor.
Trade closed manually
Note
Future note: Whenever a stock pumps +20% in a day and sells of entirely (think BBIG, ARVL, etc..) this isn't a squeeze play at all, but the markings of the final stages of the company. Losing support was not put into the idea which will be corrected next time.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.