Large effective volume and a pocket pivot x 3 days
All time high is 58.76 and is long entry level..
The cup depth is 45.72. Find mid cup by dividing this by 2 and adding to cup low which is 13.06.
I calculated targets using .38, .61 and .79 fib levels/You can add the 100 1.27 and above in a bullish stock in a bullish market..
A pocket pivot is a price/volume pattern:
The price goes up compared to yesterdays close.
The volume today is higher than the maximum down volume of the past 10 days.
Effective Volume analyses the intraday volume on the minute level to determine what small and large players are doing in terms of accumulation and distribution.
No rising wedges in the yearly chart. Possible pull back before long entry level as this one has gone a ways already.
Not a recommendation
But I am watching (o:
All time high is 58.76 and is long entry level..
The cup depth is 45.72. Find mid cup by dividing this by 2 and adding to cup low which is 13.06.
I calculated targets using .38, .61 and .79 fib levels/You can add the 100 1.27 and above in a bullish stock in a bullish market..
A pocket pivot is a price/volume pattern:
The price goes up compared to yesterdays close.
The volume today is higher than the maximum down volume of the past 10 days.
Effective Volume analyses the intraday volume on the minute level to determine what small and large players are doing in terms of accumulation and distribution.
No rising wedges in the yearly chart. Possible pull back before long entry level as this one has gone a ways already.
Not a recommendation
But I am watching (o: