daytrading march 25 afternoon, page-52

  1. 22,593 Posts.
    Sorry late reply

    KISS, even though PSY had only light volume today I would still not trust it, would rather err than ever think of a position here.

    Red, maybe so with PSY but the volumes on the chart have imo been a perfect learning example

    Vsberlina, well done with BLY, it had a virtual DB, then an ascending triangle and now has moved well, possibly any soft pullback would be in again

    TAP, today is quite possibly an AR, note how low the volume was and its finished low on the bar.. the market did not want to buy it,,, not sure about candles btw .. I would wait and wait for the exact same bar of today to appear if it can flip itself over .. I mean if the low was just beneath the low of yesterday and it closed high on the bar with low volume, that would kind of be saying a lack of sellers atm and quite possibly a lack of follow thru with any more sellers ... could get a little out of it if it set up like this

    dyor
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.