Wyckoff trading method, page-1646

  1. 1,270 Posts.
    ASN found support again on medium volume (2.7M for 8 point spread). It gapped up on open to rise to previous resistance of 053 before closing back on previous resistance of 050. The midpoint close indicates there is still an element of hidden supply/selling. Time will tell how much supply still exists above 050.

    ASN Daily 30-3-17.gif
 
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