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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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.