Wyckoff trading method, page-1808

  1. 1,270 Posts.
    Yep, that's why I inverted the chart - one mans spring is another mans upthrust so to speak, but it doesn't to my eye look like that.

    Pure supposition and speculation, but looking at the weekly - if the accumulator has a target of acquiring X at a VWAP of Y - perhaps the only way to achieve that this short week was to buy a portion of the stack at the opening auction, and then let the price drift... or it's someone else that created the gap up?

    Again, I'm not saying it's bearish - more that it's out of character with the recent action so needs investigation/watching, that's all.

    And hopefully it's just unnecessary questioning on my behalf.

    Cheers
 
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