A falling wedge pattern is forming.
Volume is heavier at the bottom of the wedge which represents significant buying.
While there is no way to tell how long will this falling wedge continue to form, but one thing is for sure,
It will eventually head up!
Average down WISELY! Emphasis on the word "wisely"!
Volume is heavier at the bottom of the wedge which represents significant buying.
While there is no way to tell how long will this falling wedge continue to form, but one thing is for sure,
It will eventually head up!
Average down WISELY! Emphasis on the word "wisely"!