SPT - PEG consolidation on lower volume (8/16/2021)
Strong PEG with selling on low volume. This chart may take some more time to develop and base over a lower period of time. Ideally would like to see volume dry up more and price to contract to confirm the buyers are in control.
Cannot determine good entries and stops until we get more data on a lower time frame. IMO will bounce a around a little more before a move higher or lower. Being patient and watching this.
Cannot determine good entries and stops until we get more data on a lower time frame. IMO will bounce a around a little more before a move higher or lower. Being patient and watching this.