Greif Inc.Formazione
GEF - Increase in Demand in Opposition to the Reaction Wave
GEF - Increase in Demand in Opposition to the Reaction Wave
With the Reaction Wave the Momentum turned to Bearish.
The Hesitation to decline is a small trading area developed on the bottom of the Selling Wave.
The Reaction Wave was Climactic for the Small Trading Area that shows the increase in the Supporting Demand that bounces the price back.
This develops a consequent small bulge on the bottom with the related decrease in effort, by the accumulation distribution process that normalizes the Under Extended Price.
Details on the chart.
Major details in the Profiting Me Finance Analytical Tool.
Thank you
Girolamo Aloe
Founder of Profiting Me Finance Analytics
Disclaimer
Nobody in Girolamo Aloe websites is a Financial Advisor and nothing herein is intended to be constructed as Financial Advice. Every content is for information and educational purposes only. Trading carries high risk. You should not invest money that you cannot afford to lose. Past performance is not an indication of future results.
With the Reaction Wave the Momentum turned to Bearish.
The Hesitation to decline is a small trading area developed on the bottom of the Selling Wave.
The Reaction Wave was Climactic for the Small Trading Area that shows the increase in the Supporting Demand that bounces the price back.
This develops a consequent small bulge on the bottom with the related decrease in effort, by the accumulation distribution process that normalizes the Under Extended Price.
Details on the chart.
Major details in the Profiting Me Finance Analytical Tool.
Thank you
Girolamo Aloe
Founder of Profiting Me Finance Analytics
Disclaimer
Nobody in Girolamo Aloe websites is a Financial Advisor and nothing herein is intended to be constructed as Financial Advice. Every content is for information and educational purposes only. Trading carries high risk. You should not invest money that you cannot afford to lose. Past performance is not an indication of future results.
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