Not sure how a VSA guy would trade it here — Jako would know....

  1. 93 Posts.
    Not sure how a VSA guy would trade it here — Jako would know. Test at support on lower volume I guess?? In a more of a Wyckoff sense I believe more cause should be built in a range. If it makes a V and shoots back up to the moon then there goes the bus. Bloke named Justin Mamis wrote a great book about price risk versus confirmation risk. My question being is it worth looking for the bottom of a falling stock or going after something with relative strength (not RSI). From my studies of Wyckoff, I believe he used top-down relative strength — strongest stocks in strongest sectors in strongest markets.
 
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