Stopping volume. A high volume down-move, on a wide spread would normally indicate selling. However, if the next day (or bar) is up, closing on the high, then this shows that absorption buying occurred on the previous day (or bar). Only professional money can do this and it is therefore a good indication of strength.
Shake-out. A shake-out is hallmarked by a wide spread down, which then reverses to close on the highs, accompanied by high volume. This dramatic manoeuvre is usually carried out on ‘bad news‘. This is a moneymaking move to catch stops. ... Shake-outs occur when the market has been bullish - however, residual supply will be present, which has caused problems by making the market sluggish, stopping higher prices. As the professional operators are bullish, they have to remove the latent supply, so they shake the market out on bad news, which then allows for higher prices.
No supply. A narrow spread bar, on low volume, that closes in the middle or high. If it's an up bar, it would be called no demand and closed in the middle or low.
Shake-out. A shake-out is hallmarked by a wide spread down, which then reverses to close on the highs, accompanied by high volume. This dramatic manoeuvre is usually carried out on ‘bad news‘. This is a moneymaking move to catch stops. ... Shake-outs occur when the market has been bullish - however, residual supply will be present, which has caused problems by making the market sluggish, stopping higher prices. As the professional operators are bullish, they have to remove the latent supply, so they shake the market out on bad news, which then allows for higher prices.
No supply. A narrow spread bar, on low volume, that closes in the middle or high. If it's an up bar, it would be called no demand and closed in the middle or low.
1.3946 looks like holding for now but ... Vsa shows buyers and sellers on most down & up moves. And, I'm not buying this Ireland concern ... nothing's happened yet - that would mean they're preparing to run it up first.
