This is the daily chart, notice the lateral trend, this is where we most often see accumulation-volume is correct as well.
The daly 3C shows a nice positive relative divergence at the first arrow and another at the second arrow.
The hourly chart shows a nice positive relative divergence as well as the more powerful leading positive divergence on an important timeframe.
The influential 15 min hart shows a leading positive divergence as well as the distribution that turned prices down.
The 5 min chart is in a leading positive divergence
The 1 min suggests you MIGHT get a little pullback shortly or it may just consolidate.
Here are my versions of custom Demark indicator buy and sell signals, currently on a buy signal.
I realize prie is a bit lofty today, but the stock hasn't even broken out of the lateral trend yet, so there could be much, much more upside.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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