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MarthaStokesCMT-TechniTrader

Quiet accumulation and pro traders in a bottom: SILK

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Silk Road Medical, Inc. (NASDAQ:SILK)  
MarthaStokesCMT-TechniTrader  
NASDAQ:SILK   Silk Road Medical, Inc.
Trend Analysis Technical Indicators Fundamental Analysis accumulation_distribution medicaldevices Technical Analysis stocktrading
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trendanalysis indicator fundamental accumulation_distribution medicaldevices technicalanalysis stocktrading
This is a young public company that is forming a bottom with some quiet accumulation, well hidden in price, by the Dark Pools during the bottom formation. The accumulation may include ETF Developers as many medical devices are in accumulation mode. Pro traders are in the mix as well. Candlestick patterns, improving volume and Accum/Dist indicators confirm--see blue arrows. When the bottom completes and sustains above the red line, there will be strong support for an uptrend. This company has pioneered TCAR.

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