LTIM at Pocket Pivot
A Pocket Pivot is a specific price action pattern that signifies potential institutional buying pressure within a stock's base or uptrend. It is characterized by two key elements:
Higher Volume: The current day's trading volume must be significantly higher than the volume of any down day in the previous 10 days. This surge in volume indicates increased institutional interest and potential accumulation of shares.
Upward Price Movement: The price should close higher than the previous day's close, confirming the buying pressure behind the volume spike. Additionally, the stock price that has "respected" the 50-day moving average during the prior price run, indicating a positive trend.
Higher Volume: The current day's trading volume must be significantly higher than the volume of any down day in the previous 10 days. This surge in volume indicates increased institutional interest and potential accumulation of shares.
Upward Price Movement: The price should close higher than the previous day's close, confirming the buying pressure behind the volume spike. Additionally, the stock price that has "respected" the 50-day moving average during the prior price run, indicating a positive trend.
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。