Hello traders, SOUTHERN CO. is in a fake bearish phase with doji bull accompanied by a rejection of buyers and a low volume of purchases made. The TIMEFRAME M1 we see a dragon bull who wants to break the Vwap, it can be broken in force with a large volume of past purchase. Very likely to go to the next high and close the bearish gap (See TIMEFRAME H4). And if the buyers are really back, we can breakout a resistance to get to the next high.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.