A recording of our stock webinar with a look at Fate Therapeutics as a great example of a ‘pump & dump’ but which is now showing signs of a recovery with significant volume coming in at key historic levels. Such levels are often overlooked but can signal a turn in sentiment, particularly when associated with high volume. South Western Energy is also testing historic levels & although not shown in the video the weekly chart is worth a look.
David’s focus was on Tesla and Apple where he considered support & resistance through the prism of the volume point of control.
By Anna Coulling
All the indicators featured on the chart are my own and available from Quantumtrading
Charts courtesy of Ninjatrader.
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