GRPN on the 15 minute chart here with a volume profile overlaid hada high volume area
breakout from mid December to mid January but then retraced and broke down. It
consolidated for one week about the POC line gained some accumulation and then moved
back up again. It broke above the high volume area on January 25th then retested it with
a light touch on Feb 5th getting support in the rejection. The relative volume has picked
up consistent with Wychoff theory ( this is not a fakeout). I see this as an excellent long
trade through the upcomng earnings. The dual time frame RSI indicator can be useful to
gauge strength minute by minute and so pinpoint entries and exits.
breakout from mid December to mid January but then retraced and broke down. It
consolidated for one week about the POC line gained some accumulation and then moved
back up again. It broke above the high volume area on January 25th then retested it with
a light touch on Feb 5th getting support in the rejection. The relative volume has picked
up consistent with Wychoff theory ( this is not a fakeout). I see this as an excellent long
trade through the upcomng earnings. The dual time frame RSI indicator can be useful to
gauge strength minute by minute and so pinpoint entries and exits.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。