A Message from TradeAlgo Want a preview of how elite traders think?! Then read on. Recently, TradeAlgo (a premier trading analytics firm) posted a chart to its private circle of members about $WFC’s recent breakout. In the chart below, you can see that the stock recently gapped above its multi-month top range: (Source: TradeAlgo) That looked like a bullish signal, right? However, elite traders also look for strong volume to confirm the strength of its breakout. Why? The reason is simple – strong volume indicates lots of demand for the stock. It may increase the odds of a massive breakout. Indeed, $WFC was spotted by TradeAlgo’s proprietary AI with a 1.52x surge in unusual activity in dark pools: (Source: TradeAlgo) That was a powerful combination of strong technical and volume signals! Now, would you like to get ALERTED for stocks with powerful unusual activity in dark pools – like $WFC above?! For a limited time, you can claim AI SMS alerts from TradeAlgo for FREE. This offer is limited-time only for the readers of the MarketBeat Newsletters. So, hurry and click here to claim your FREE SMS alerts now. |
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