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Look at the price action today—amost 6% up. 🚀 ​I’ve been tracking this one closely and here is what the technicals are screaming right now: ​Supply Test: The supply was thoroughly tested at the 145 range. We saw no more “urge” or pressure in supply, especially evidenced by the very low volume on the dips. ​Path of Least Resistance: Today, demand finally stepped in and pushed the stock up 6%. It moved with almost zero friction—classic “path of least resistance” behavior. ​The day chart shows that the few months accumulation phase is likely nearing an end. A new trend is beginning to emerge. ​What to watch for next: We are looking for a definitive (Change of Character). This happens when the price jumps with significantly high volume to decisively end the sideways price move and start the “Mark Up” phase. ​Is this on your watchlist for Monday? Would love to hear your thoughts on the volume spread analysis here. 👇 ​Disclaimer: This is for educational/analytical purposes only. Not a buy/sell recommendation. Please do your own DD. submitted by /u/be_fin_free to r/wyckoff_lab |