Trend day up sans volume

Quote from noddyboy:

Buy the dips!!!

Now that the low of day was made going into lunch further analysis shows additional weakness for today with the possibility of the gap getting filled from yesterday.
 
Quote from Hydroblunt:

Usually low volume holiday season days are uptrends. Noone wants to dump on low volume.


We did the drift into 10 am and lunch then banged the close from yesterday but as hydro points out no one thus far is interested in selling. We'll see what the close brings on however.
 
Quote from duard:

Just like today's trap em' at the HOD, MOC, then sell-off the accumulated positions after all the daily position swap completed.

Perhaps.

Good Luck

every day same thing...lol

amazing
:D
 
Quote from EqtTrdr:

every day same thing...lol

amazing
:D

And that is the secret.

Today was the pre-market and open gunning for the stops with the buy on the other side to scoop up the weak hands shares. Then squeeze everything else on the way up.


Nice.

Good luck and happy New Year.


Done...
 
Quote from duard:

Now that the low of day was made going into lunch further analysis shows additional weakness for today with the possibility of the gap getting filled from yesterday.

Interestingly I had given up on that gap getting filled but shazaam this afternoon some selling appeared. Volume appeared out of the thin pre-holiday air and stops got hit as volume came in.

Usually happens when I hit the bathroom today it happened after I left for the day.

Happy New Year
 
Back
Top