A clear area of consolidation between 800p and 863p with a massive wave of volume sitting at this level. The volume profile covering the start of the year confirms there is real weight here.
The question as always is whether this is accumulation or distribution. For me I want to see the price squeeze tighter with a trail of rising lows before I get too excited. That would suggest the supply is genuinely reducing rather than a large holder slowly offloading.
Price target: 1000p
Potential reward: 22%
The question as always is whether this is accumulation or distribution. For me I want to see the price squeeze tighter with a trail of rising lows before I get too excited. That would suggest the supply is genuinely reducing rather than a large holder slowly offloading.
Price target: 1000p
Potential reward: 22%
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.