Not sure of the terminology but that boxed couple looks like a like a "two bar reversal"? Put the two bars together and you would see enough volume to equate to possible "stopping volume".
That last bar shows pretty significant volume and no real result (compared to down bar in the box). Is this called a shortening of the thrust and shows some serious buying support for the stock.
- Forums
- General
- Wyckoff trading method
Not sure of the terminology but that boxed couple looks like a...
-
- There are more pages in this discussion • 1,285 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Andy Udell, CCO
Andy Udell
CCO
SPONSORED BY The Market Online