Probably one of the clearest stock accumulation i've seen by professionals. they are honestly being nice to undeceptively accumulate the stock and here we are "challanging" the support again.
in reality the stock rallied with company's earnings SO that is actually their soon to be final effort.
after taking the bad high at 6.13 a pullback all the way to the gap fill is possible and there it could ask as support.
professionals will not neceserily let you join in at that level and would let the stock find support at 6.10-6.35 Why? because previous resistance should act as support to some extent.
a partial gap fill is also likely to 5.64 to give the last chance for institutions who didnt get to enter.
if we are where we are based on the wyckoff method we are at the last stages of accumulation before the start of the uptrend. stock looks great to be fair.
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Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.