The Blow-off signals the terminate of the 'play'
Abnormally High Volume compared to previous days + Candlestick making a novel recent high
(and usually amongst an upper shadow)
The shorter the play, the easier it is to find.
Once a blowoff is made, aspect a sudden decline, thus a bounce
(bounce volition non transcend blowoff's highest point),
then cost activeness that volition eventually Pb to stock inactivity.
The shorter the play, the easier it is to find.
![]() |
IP Daily Chart |
![]() |
ISM Daily Chart |
![]() |
PEP Daily Chart |
![]() |
PAL Daily Chart |
Once a blowoff is made, aspect a sudden decline, thus a bounce
(bounce volition non transcend blowoff's highest point),
then cost activeness that volition eventually Pb to stock inactivity.
No comments:
Post a Comment