Hello traders, ALASKA AIR GROUP is in a bullish movement with a hammer candle and a big sell volume made. Looking at the TIMEFRAME M1 we can see a hammer candle with a return of traded buy volume, it came to test the bottom of the range. For a reintegration which corresponds to the base of the bollinger then it will go on its highest pass through the VWAP. In order to access the top of the range for a second check.
It is very plausible to breakout the price with momentum at the same time the range to land in the next and stick to the high that comes. See an attempt to close the bearish breakout gap to get into an old decision area if investors take their risks. Impossibility of breakout a range is not valid for the moment.
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It is very plausible to breakout the price with momentum at the same time the range to land in the next and stick to the high that comes. See an attempt to close the bearish breakout gap to get into an old decision area if investors take their risks. Impossibility of breakout a range is not valid for the moment.
Please LIKE & FOLLOW, thank you!