Hidden Potential Buying – MY E.G. (0138.KL)

Here are some clues to spot hidden potential buying from Smart Money based on Volume Spread Analysis:


1. 2 months of Accumulation (Stage 1) after a massive sell off on 17 May 2018

2. Well supported with lots of narrow bar and low volume

3. Re-accumulation happened from July to August with narrow bar and low volume

4. Sign of Strength such as Spring, Line Change and Cluster of Closes are spotted on the support level