Swinging to the daily, we have a low volume up bar with narrow spread incapable of closing above the high of the previous day.
This to me looks like a lack of demand following already identified weakness handling the supply.
One might think a viable trade would be going short at 84.5c (if shorting was available).
Results come out Wednesday, even if they are good (which I doubt they will be) lots of over head supply is lingering.
- Forums
- General
- Wyckoff trading method
Wyckoff trading method, page-2161
- There are more pages in this discussion • 548 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
SPONSORED BY The Market Online