For a reversion trade, the retrace bar(s) volume should be less...

  1. 13,711 Posts.
    lightbulb Created with Sketch. 270
    For a reversion trade, the retrace bar(s) volume should be less than those on the run up.

    https://hotcopper.com.au/data/attachments/6201/6201696-05b9f8cb151de39584f20b24bfd70df7.jpg


    GHY is an interesting study. The mark-up phase is complete. It's had 3 big pumps out the accumulation phase. That means ANY news will get sold into, whether the news is good, bad or indifferent. They use announcements to offload once targets have been met. TA leads FA every time.

    https://hotcopper.com.au/data/attachments/6201/6201720-f1b7cedf2f9b7a7c1edc6c3efd50487e.jpg



    Last edited by float^: 27/05/24
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.