technical analysis

Votke2310 said:
can anyone explain the difference between spikes, runaway days, and key reversal days?
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Spikes, like his name say, is when the market rise or down and pullback making the form of a spike.
upload_2019-8-12_20-33-39.png


A runaway day, is when the market rises getting out of a trading range or whatever that have the price stopped, like a resistance. It should have high volume because there we have a lot of people trying to pull back the price.
upload_2019-8-12_20-49-34.png


Key reversal is a day when the price goes up, make new high and next down closing lower than the previous bar. I will upload an hourly chart but in the daily chart it looks the same.
upload_2019-8-12_20-55-43.png
 
that was incredible! quick question, do these mean they are trend reversals or minor reactions/continuation patterns? I'm assuming the key reversal is a major trend reversal? I'm reading technical analysis of stock trends and just couldn't decipher between the three. they seemed very similar. thank you for your post!
 
Votke2310 said:
can anyone explain the difference between spikes, runaway days, and key reversal days?
More...
%% And plenty of reversal days;
dont really reverse for much or reverse in a key way/change trend-QQQ daily , on past 365 days ..........................................................................................
 
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