Market gapped up today at the open and trended upward on abnormally low volume. Bears had a good week and are taking a long weekend. A similar low volume move occurred around April 19 and had little follow through.
Most likely is a consolidation around this level before another leg lower. A gap fill in the next couple of days to 28.50 is also likely. A long play would be to wait for break of channel, retest, and a target of the high volume node at 38.50.
Most likely is a consolidation around this level before another leg lower. A gap fill in the next couple of days to 28.50 is also likely. A long play would be to wait for break of channel, retest, and a target of the high volume node at 38.50.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.