Conclusion: When holding a Bull Flag, if the volume is low during consolidation, the price may break up and make new highs.
Conclusion: Mind the Volume
The pullback was a little large with this Bull Flag, about 50%. After the Pullback the price consolidated for a bit, the popped up.
The volume told the story here. The volume was up on the up moves, and down on consolidation.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-07-28 10:48:01 | MARA | buy | $1.820 | long |
2020-07-28 10:48:01 | MARA | buy | $1.820 | long |
2020-07-28 10:48:02 | MARA | buy | $1.820 | long |
2020-07-28 10:48:02 | MARA | buy | $1.820 | long |
2020-07-28 10:48:51 | MARA | sell | $1.860 | long |
2020-07-28 10:49:04 | MARA | sell | $1.860 | long |
2020-07-28 10:51:26 | MARA | sell | $1.850 | long |
2020-07-28 10:54:51 | MARA | sell | $1.900 | 0 |
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