AKRX - What's Next EOD 4/21/15
Background
I really like the price action strength today. It traded higher than the previous high established on February 27th. Strength despite the lazy day the overall market had today is usually a good sign. Though we did get above average volume it was less than what I would need to feel like buyers are all-in fully committed.
The Idea
This is what I'd like to see in the coming days in order for me to go long...
I really want to see buying pressure come in strong - today could be the front edge of that front.
I really like the price action strength today. It traded higher than the previous high established on February 27th. Strength despite the lazy day the overall market had today is usually a good sign. Though we did get above average volume it was less than what I would need to feel like buyers are all-in fully committed.
The Idea
This is what I'd like to see in the coming days in order for me to go long...
- Price pullback a little bit - could be one day or multi-day pullback
- After pullback, price resumes upside movement with significant above average volume
- Market as a whole ideally moving higher if the two points above happen; if it goes sideways this is fine too
I really want to see buying pressure come in strong - today could be the front edge of that front.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.