Wednesday, November 30, 2022

Accumulation

 Ok yes. In mid October I did mistrust that bottoming bar. 

Since then, follow through. A few really nice green volume bars, that accompany big price-up bars and a net uptrend in play for a good few weeks. None of those accumulation mega-days have been breeched downside. It's the definition of an uptrend, but have we seen THE bottom? Time will tell. 

For now, what is the price volume action saying?











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