Great setup being formed as the stage 1 accumulation seems about to end. Thus, stock is ready to enter the favourate phase of every trend following trader i.e. Stage 2 Mark-up period.
Now,
What is a mark-up period?
Here, a stock exits a phase of accumulation where smart money accumulates a large chunk of share from the market and picking all the offers made by the sellers. Thus, sucking the liquidity and at this point, a simple maket order will take all the shares from the sellers accending the price upwards. Here all the short sellers are trappeded, therefore, making the stock a good candidate for sidelined cash to enter.
Now,
What is a mark-up period?
Here, a stock exits a phase of accumulation where smart money accumulates a large chunk of share from the market and picking all the offers made by the sellers. Thus, sucking the liquidity and at this point, a simple maket order will take all the shares from the sellers accending the price upwards. Here all the short sellers are trappeded, therefore, making the stock a good candidate for sidelined cash to enter.
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.
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.