payo could fill the gap before next rally
Probably one of the clearest stock accumulation i've seen by professionals.
they are honestly being nice to undeceptively accumulate the stock and here we are "challanging" the support again.
in reality the stock rallied with company's earnings SO that is actually their soon to be final effort.
after taking the bad high at 6.13
a pullback all the way to the gap fill is possible and there it could ask as support.
professionals will not neceserily let you join in at that level and would let the stock find support at 6.10-6.35
Why? because previous resistance should act as support to some extent.
a partial gap fill is also likely to 5.64 to give the last chance for institutions who didnt get to enter.
if we are where we are based on the wyckoff method we are at the last stages of accumulation before the start of the uptrend. stock looks great to be fair.
they are honestly being nice to undeceptively accumulate the stock and here we are "challanging" the support again.
in reality the stock rallied with company's earnings SO that is actually their soon to be final effort.
after taking the bad high at 6.13
a pullback all the way to the gap fill is possible and there it could ask as support.
professionals will not neceserily let you join in at that level and would let the stock find support at 6.10-6.35
Why? because previous resistance should act as support to some extent.
a partial gap fill is also likely to 5.64 to give the last chance for institutions who didnt get to enter.
if we are where we are based on the wyckoff method we are at the last stages of accumulation before the start of the uptrend. stock looks great to be fair.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.