Wyckoff trading method, page-223

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    "...and when the volume number is checked, it was very low (again).
    So on that volume, there was no serious active selling that can be inferred on Wednesday,
    and the only logical answer then, was that it was deliberately closed low, to leave a bad gut feel for holders (and potential holders - buyers) of the stock."


    @Jako64

    hmm...so today we have an up day on higher than average volume resulting from a price sensitive company announcement. Two questions J please....
    1. Was there a hint purely on the chart that I missed regarding it popping today (based purely on TA alone)
    2. What impact will todays trading (EOD and EOW) have on the chart for next week?

    Would be grateful for some feedback over the weekend if possible.

    PS @Gladiator2 should be given a long detention for skipping class and going to a fancy beach. He is turning out to be quite slack at present..



    Cheers
    GF
 
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