- ADX<20. Would like to be higher. - RSI>50, <70 - Maintaining well at pivot point "P". - Entry based on breakout from VZ yesterday. - Strength meter turned green indicating strength. - 21 Jul 2021 and 17 Sep 2021 shows high volume green candle and retracement under lower volume which indicates buyers in control. - 21 Oct 2021 shows high volume green (after earnings result) and currently retracing under lower volume which is a good sign. - Bounced off 61.8% and then 50% fib level. Uptrend should still be intact. - Higher highs and lows as well. - Once go above HVN, it should resume movement upwards.
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