Nike
Long

Dark Pool Buy Zone Stages More Gap Up Potential

NKE gapped again with a breakaway gap jumping over resistance. These rarely fill and if the gap fills, it will be minimal. Volume was above average. This kind of gap up sequence can happen easily when a classic Shift of Sentiment pattern forms in Accumulation/Distribution indicators as a stock bottoms. But price remains well below the previous gap down. It may gap again as the stock challenges that resistance.
accumulation_distributionBeyond Technical AnalysisbottomingdarkpoolsEconomic CyclesgapsTechnical Indicatorsmomentumstrategyshiftofsentimentswingtrading

Martha Stokes, CMT
ttrader.im/tv-candlesticks

Learn how to use the technical patterns of each market participant for better trade planning.
Aussi sur:

Publications connexes

Clause de non-responsabilité