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š Stocks with Volume Uptick
Volume breakout stocks, bearish engulfing pattern, & stocks in consolidation
Upsurge Club
October 09, 2023
Hey there!
Bringing to you stock ideas based on various scanners as of 9th October š„
More than average trading volume in any stock indicates newly generated interest - these are often the starting points for greater volatility, price swings, and trends. An increase in volume confirms the strength of a trend.
Read till the end to claim your reward šŖ
A bearish engulfing pattern is a candlestick pattern where a small green candle is followed by a large red candle such that the red candleās body engulfs the green candlestick. This pattern signals a bearish trend, especially when preceded by 4 or more green candlesticks.
Stocks trading within a support-resistance range are known to be āconsolidatingā, ripe for a breakout anytime soon. Add these to your watchlist and make sweet profits when the price crosses the resistance or support.
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