MarthaStokesCMT-TechniTrader

Island Gaps and Hidden Accumulation: SONO

BATS:SONO   Sonos, Inc.
SONO has a lot of Island gaps and another just in the past few months.

The compression of price into a sideways trend is a good pattern.

Also, the black candle that drops below the consolidation and the white candle the next day is a pattern to pay attention to. This means there is some hidden accumulation from Dark Pools at this new higher level of price. Institutional holdings is strong at 85%.

Martha Stokes, CMT
www.TechniTrader.Courses

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