Accumulation

M

maxtrax

Hi -

I am a newbie to trading, although I have been doing it many many years.

What is your opinion on tell tale signs a stock is being acccumulated?

TIA,

Max
 
Reason why I was asking. SMAN came out with news in the middle of the day today. But if you look at the history, it appears someone was loading up on it a few days prior (accumulating shares). Just curious if one is able to see that coming.

MAX
 
(1) Did you buy any shares before the spike-up? Probably not. (2) Stop wasting your time with penny stocks. (3) The stock had a volume spike yesterday. Did that have any significance for you? Probably not. (4) If you bought into the initial spike and waited, chances are, your position would be a loser now. (5) Expect the downtrend to resume. We'll see what happens.
 
No I didnt buy in. But just curious to see if I can apply to larger stocks. Although I dont trade the small stuff, I monitor to see if I can learn something.

SPAB is one that also had that same characteristics for accumulation, so I want to see what happens next.

Is it good when stocks has a lot of volume but goes no where?

Just trying to make sense of it all.
 
google: Richard D Wyckoff

Read everything he ever wrote.
(under his name and "Rollo Tape" )

Lots ta learn..........
 
Ok, I got bashed for posting a legitimate question. I know I am not nearly as experienced as most people on this board. But cut me some slack I am just trying to learn.

I was watching SPAB because it seemed to have that accumulation thing going on. Since then the stock made a big move up and looks techincally attractive. Well to me that is. I just want to see if I can learn to recognize this better.

Would love other input on recognizing accumulation.
 
Quote from maxtrax:

Ok, I got bashed for posting a legitimate question. I know I am not nearly as experienced as most people on this board. But cut me some slack I am just trying to learn.

I was watching SPAB because it seemed to have that accumulation thing going on. Since then the stock made a big move up and looks techincally attractive. Well to me that is. I just want to see if I can learn to recognize this better.

Would love other input on recognizing accumulation.
More...

Review the writings of Jack Hershey, Bubba7 and Grob109 with respect to Accumulation / Distribution. Links to much of the material can be located in my first Journal on the subject.

- Spydertrader
 
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