<TradeVSA> Topglov - Inverse Pullback & Continuation Mark-Down

Sign of Weakness in the chart

1. Red Pentagon + Price breaking below 20/40MA
- Potential change of trend from Distribution to Mark-Down

2. Confirmation on mark-down and inverse pullback with Up-Thrust
- Rejection on 40MA

3. Green Pentagon but no follow thru above 20/40MA
- Confirmation on weakness in the background

4. No Demand appeared on 40MA

5. Up-thrust at 40MA.
- Price reject again to change the trend

Hit the "LIKE" button to support us :)

Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock