something does not make any sense, page-35

project, you say that the ANN was a hurdle which was cleared, yes that's true on the FA side of things,

a good step forward, but guess what the pro money know that as well and play it accordingly ie. take advantage to make money

the high volume bar -- careful short term traders warning thingy

belows a 2min chart and we can easily see the high volumes created in the early part after the annoucement

the afternoon of the announcement you can see the big volumes pushing it up

and then they cap it or offload their supply in that biggest bar of the entire period

near 5M in volume over 2mins, now where is the price, they buy low sell high, this is bread and butter stuff for them

and this is what we do on a daily basis as well, look for climatic volumes at the lows or the highs and play it accordingly

a perfect example today was for LNC, their first 2min opening bar was climatic and within a couple you add to it and now its where it is cause of what the pros have planned for it

lastly ndra wrote a very good post earlier on, one thing all must not be confused with here is that its only a 2min chart,

ie. be careful of what timeframe we're giving the analysis as the daily setup may be completely different, hope it helps