Possibly indicating halting volume, as price action contracts into sideways movement. The rising volume implies increasing buyer activity, possibly accumulating stock at this juncture. This convergence of factors may signify a potential trend reversal, with buyers gaining confidence in the current price level as a buying opportunity.
observing a surge in trading volume alongside a minor upward price movement (small up candle) subsequent to a notable price decline suggests the potential emergence of a substantial support level at this juncture.
LSE:CINE
Price over the last 2 days looks like it is presenting a selling climax, volume has been much higher than the last couple of weeks.
The shorter price body from todays trading, with an upper rejection wick and with almost the same amount of volume as yesterday looks like it has clearly identified some strong selling at this level.
Looks weak ahead.
LSE:NCC
Is the sell off here warranted? I am not so sure as there are 2 diverging activities here.
Initially from the 13th of September, the fall was looking justified with increasing volume on any new lower candles.
Yet this last candle has produced one of the highest volume days yet, trading within a smaller range than previously.
So I am now seeing...
LSE:JUST
These are definantly my favorite signlas. it gives a great insight into the volume & price analysis that I use for my setups.
There are a couple of factors supporting the bullishness here.
The main one being the size of the last trading candle compare with 2 days ago, its much smaller. However look at the volume at the bottom, its even slightly...
LSE:XLM
I like the volume reducing from the left to the right of the chart from the past few weeks on these topping candles.
Price has clearly been rejected every time, but the volume is also coming down.
There is also the rising lows, gradually moving upwards. For me if there are professionals building positions here it looks like the supply is starting to...
LSE:VCP
Huge amount of volume coming in here, yet the price hardly went up. This could be suggesting the volume of trades gone through has been absorbed by the sellers?
Small upper wick also indicating weakness as well as the day before.
Watching this one closely for a breakdown in price, not setting a target here, may be just cover with a tight stop.
LSE:MONY
Is there a change in sentiment here?
A sudden change in relative volume tends to make me sit up and take notice. When coupled with a lower wick that was quickly rejected, it could be signaling buyers are taking over here.
I will aim to trade this via a spreadbet and put a target on this to get back up to the 270's.
LSE:SOS
As my first post I thought I would post this as its an excellent example of the strategy I use. Using the Wycoff method I only trade price and volume, used together they can be incredibly powerful.
The strategy is almost as simple as it gets, its gets rid of the clutter and keeps it simple.
Please note Each of these notations on the charts are...
