TOPGLOVE - can it still go higher?
Hi,
I'm looking for a short term rally on this counter, based on this VSA formation
Bar 1 - Ultra high volume down bar, indicating there were smart money buying and supporting the price at this level
Bar 2 - retest of the area of bar 1, now with lover volume
Price moves above the high of bar 1, and we saw at bar 3 price re-test the area of bar 1 (where there were a lot of buying before) with lower volumes (No SUPPLY)
I'm looking for a short term rally to the recent major high
Trade at your own risk, this is not a buy call.
I'm looking for a short term rally on this counter, based on this VSA formation
Bar 1 - Ultra high volume down bar, indicating there were smart money buying and supporting the price at this level
Bar 2 - retest of the area of bar 1, now with lover volume
Price moves above the high of bar 1, and we saw at bar 3 price re-test the area of bar 1 (where there were a lot of buying before) with lower volumes (No SUPPLY)
I'm looking for a short term rally to the recent major high
Trade at your own risk, this is not a buy call.
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