Hi Youngbuck
yes the volumes recede towards the breakout in 83% of cases
refer here
http://thepatternsite.com/dt.html
a trending increase in volume is then expected during the breakout.
Bear in mind, with this pattern we are now talking about the potential of Busting the down trend and reversing to go long again....
cheers
chart, page-19
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Last
34.0¢ |
Change
-0.005(1.45%) |
Mkt cap ! $493.8M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.0¢ | 32.5¢ | $1.317M | 3.935M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 73996 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 836970 | 4 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| IMM (ASX) Chart |