Wednesday 15 August 2018

Endava - Footprints of Smart Money




I talked about Endava yesterday on my blog and shared how I alerted everyone in my US members about the bullishness in this counter on Aug 3rd. By Aug 9th, the smart money came in where they can be detected by their activities through the volume recorded. And then yesterday, the stock shot up high again with more volume coming in where it recorded it's all time high now. Read more below on my blog post yesterday.

http://ronaldkstockmarket.blogspot.com/2018/08/endava-volume-came-in.html

I did an exclusive event yesterday to share how to detect the footprints of smart money and how volume aid in deciphering which force is stronger (buyers/sellers). In the case of Endava, it was the buyers and the stock continue to trend up. It broke above the high volume of the IPO and that's was a strong signal for high alert buying. To trade US stock effectively, one must be able to follow the smart money and not go against it. It you trade US stocks and interested to see how volume can aid you in your trading, I will share the next US stock and event soon. Stay tune.

Ronald K - A Game Changer