Its no wonder traders dont like to trade when a stock is moving sideways. But if you actually are a chart reader, you would love that. It gives a clear picture of what is coming ahead. Like in this case Spy has been in accumulation phase.
And with three black crows in place on daily, it is appearant that it is about to fly tomorrow.
Happy trading.
And with three black crows in place on daily, it is appearant that it is about to fly tomorrow.
Happy trading.