SWCH shows a possible setup to new ATH (all time high) from a VCP characteristic. It is a relatively new name (IPOed in 2017) and since 2019 showing some real strength - last few days look like a consolidation at the top - no pump and dump. Key level is 31.80. To make the picture look better - i am missing a below average volume - sadly it is above average - so caution is advised. To train your eye - look back at 'cheat' VCP as we saw it back in March - and at that time we had nice volume compression. So ... you can keep it on your radar - though as always MANAGE RISK!
Not
if it holds ... todays price action could be considered as shakeout
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.