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Hi guys;
what is the VSA analysis for the last 60 minutes of trading on Friday 22-2-2008?
cheers;
Unicorn. |
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There's not much point going into bar by bar on that rocket but looking at the big picture we see all kinds of accumulation so it's time for the markup. There were little or no sellers at the bottom. If you look back about a week you can see the pros accumulated at the exact same level. There's something about the 1330 area they liked.
Might as well be in on the markup phase. Just keep an eye out for it's when the selling starts.