CCC ? Ideally what we would like to see to stop the downtrend is some professional support in the form of ?stopping volume?. Basically it is resistance to further down moves characterised by very high volume on a down day, preferably with a close on the highs, which shows that the pros have stepped in to accumulate the stock from the last of the weak holders.
An analogy used in the VSA literature for stopping volume is the action of a downhill skier who at the end of his long run, has to stop by turning the skis sharply, throwing up plenty of snow which eventually stops him?
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