Wyckoff Accumulation spotted in CPC!

3 Oca 2018

Hi,
I think this bottom resembles a typical Wyckoff distribution. We should spring from the new accumulation range.

Terms:
PS = Preliminary Support

SC= Selling Climax

AR= Automatic Rally

ST = Second Test

I believe the lack of volatility we've seen over the past week is caused by large buyers accumulating their positions for the next pump.

We should be in Phase D or the price increase part of the cycle:)

4 Oca 2018

Not

Well that's our first break from the accumulation!!!! Should be new highs in the next week

5 Oca 2018

Not

We've pulled back to a bottom. Big buyers started at the dashed line. I believe this will be defended.