jocull

jocull

Price adjusted volume continues to make lower highs as the stock pushes to all time highs. What is behind it? (Money Flow Line shown here) - Are people less interested in buying at these prices? - Are people more interested in selling at these prices? - Does this divergence mean is the trend expected to reverse? …or will it continue regardless? - Are big players...

jocull Updated 

Volume and pressure looks like a bottom to me. After a long trend down, it feels like it’s time to pop back again in a big way. When we pop out of stddev x 2 on volume, buyers and sellers are very active. Price is having a hard time moving down as they fill large positions for the markup phase. The sellers are panicking and pushing into big money’s hands.

jocull

We have been trading in this range and keep dropping to this bottom area. Buying pressure holds the support. Are we about to “jump the creek”?

jocull

We have seen this pattern before. On the higher timeframes we’re still in a downtrend. This is a break, but we had one before. What will make this time different?