BOXL Wyckoff Accumulation Model & Entry Zone

5 Eki 2020

BOXL is nearing the end of accumulation range. Will likely test 1.86 support before showing a clear trend up.

14 Eki 2020

İşlem aktif

STOCK
10/06/20
Trade entry @1.86 average

10/13/20
Down (9.30%)
Price testing a support level at 1.64. Didn't think it would find support that low, but seems to still be in Phase D of Wyckoff's accumulation model and 1.64 is a last support level.
-Setting stop at 1.56

17 Kas 2020

Not

Identified phases incorrectly. Spring occurred at 1.29 followed by a reaction and a creek (range). After the creek came the first SOS, beginning phase D where mark-up occurs within the accumulation trading range. A break of 1.86 will signal the start of phase E where mark-up occurs outside of the range.