So in other words the pump hasn't even started yet, this is still just the accumulation phase. The pump will become evident when we start to see some big green candlesticks an .......
as always good advice mowibble
If we take the full green candle or DWC one step further, here is an example of what to look for in an anticipated move, also what to look for to avoid being caught out as well
The chart below is a two day chart but that's not important. The point here is I've attempted to highlight the initial DWC that they push higher with, and then the quiet sleeper style action that normally follows within. Note, big hint, watch how the volume on each of these DWC's begin to get lower and lower as they move higher, UNTIL ... mmmm
one could also include in their analysis of these (leading) candles their spread
PYM Price at posting:
1.1¢ Sentiment: None Disclosure: Held