Hello all, I haven't contributed lately however I enjoy reading this column and I thank everyone who has kept it going.
Previously there was a comment made about major stocks following Wyckoff principles better than penny stocks so you can be more accurate with it's application so I started looking at blue chip stocks.
I found FMG was in what looked like an accumulation phase and bought a small position. Recently it appears to have a no supply bar , Post #: 36458887 explains it well thanks @wilfran1pm. Thought it was an interesting live example if that's what it is.
I had $5.22 area as a top based on previous high volumne so it will be interesting to see how it goes.
Any comments welcome, have a good day.
Hot Copper Charting and Chat, page-303
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Change
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Open | High | Low |
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