On the intraday hourly... the move on volume to a high. A shallow pullback then a higher high on volume. another shallow pullback and then a move to complete the abc up to 140...
http://bigcharts.mar...&mocktick=1.gif
On the daily, OIH wants to test the 140 Volume spike High from November on lighter volume to consolidate the big move down...
http://bigcharts.mar...&mocktick=1.gif
OIH Short Setup...
Started by
SemiBizz
, Jan 31 2007 12:49 PM
No replies to this topic
#1
SemiBizz
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- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 31 January 2007 - 12:49 PM
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
