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TradeVSA - Stock Trade Ideas

Author: TradeVSA   |   Latest post: Tue, 23 Feb 2021, 2:58 PM

 

Raffles Medical - Ready to breakout?

Author:   |    Publish date:

 

 

1. Pullback

- low volume pullback after high volume mark-up

- well-supported at 40 MA

- successfully rebound from 40MA to above 20MA

 

2. Green Pentagon appeared

- high volume side spread bar

- indicates smart money mark-up prices

- followed by low volume T signal testing support

 

3. Gap up , breakout from resistance

- Gap up with increasing volume

- breakout from previous UT signals

- monitor for continuation of trend and support above 20MA

 

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Disclaimer: This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock.

 

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