PAY to OLLIES BARGAIN OUTLET HLDGS Daily

Jan 20, 2021

Hey guys, OLLIES BARGAIN OUTLET HLDGS is in a fake bearish setup with some sort of upside down hammer candle and low trade sell volume. Zooming in on the TIMEFRAME M1 we observed a marubozu with a large volume of purchase issued, it is in full breakage of the base of the bollinger to get to the highest of it. In order to go and test the VWAP and sit on the top of the balance zone to test it again. Great potential for price breakout with the return of momentum from this area to move into another and reach the next high. With the first higher (in TIMEFRAME H4) + excess before breakout of a zone of equilbre and the next (in TIMEFRAME H1) addition of an excess. Not enough force to test the intermediate median of ANDREWS PITCHFORK.
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