AZK today actually behaved quite textbook, despite some saying it was crazy etc.
We see an overall increase on quite a bit of strength, however, along the way there were periods ofrelative weakness where one could have sold and then bought back in lower. These are highlighted in green. On these occasions there was an upthrust on high volume but it did not follow through in the next candle, instead it was sold into and the price retreated. The re-entry points would have been just after the tweezer bottoms (yellow), the first one also housing a doji.
The top for the day was announced the candle before it happened there was another high volume upthrust (3rd green line) and again not followed through, but followed with a doji and then a quick sell-off. I mentioned this as it was happening on the DT thread.
The sell-off and recovery near the close, you would need to look at a 2min chart as the action was too quick for the 10min chart, the 2 min chart shows the same setup. A high volume sell-off and quick recovery on sustained volume into the close.
As you can see, despite the 'perceived' frenzy the chart actually shows some very clear signals.
