The Volume Bar Buy starring Concur Technologies

part of the Simple Approach series

Here is a Weekly chart on $CNQR with the 50 & 200 Simple Moving Averages:

CNQR_weekly_volume_bar

Here is the trade setup:

1) Buy the first Gray Volume Bar after at least 4 Red Volume Bars

2) There have been 3 prior signals, #4 is available now if we get a Gray Volume bar this week

3) All prior 3 signals were solid buy areas

4) If you use stock as an entry, use your own Stop and/or stock protection method (Options)

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