Day Trading Pre Open - 21 December 2018, page-29

  1. 48,997 Posts.
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    Agree for such a bleak finish yesterday, FOD was a stand out. Nice controlled buying action instead of the angry dumping action we have seen for the last few weeks, may start trending back up

    Here is a chart

    FOD A break above 14.5 and hold should signal a potential reversal, increased volume yesterday on the previous days session, another higher volume day and break upwards would look pretty good, and a nice setup for a news event.

    FOD.png
 
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