tech/a
No Ordinary Duck
- Joined
- 14 October 2004
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Boggo
You got ahead of me!!!
You got ahead of me!!!
Boggo
You got ahead of me!!!
Just in Perth for a couple of days so no charts to help
But
Markets or stock cannot rise if supply in large amounts is evident
If this has been exhausted making a new high and through prior accumulation which can now be seen as accumulation as the price has made new highs
Then the stock/s and or markets are free to move up as buyers are forced to buy at higher prices. Supply has been withdrawn
It will re appear again
When it does consolidation is likely
More later but hope this helps
Ok, that's starting to make more sense to me.
there's basically a balance between supply and demand that affects the market price, so when it skews heavily towards one way it becomes unbalanced, causing the price to shoot upwards.
Tell me if this analogy holds up.
Supply and demand are like two sides on a set of scales. If demand is heavier than supply then price goes up. If demand is lighter than supply then price goes down. And if each side is really out of balance it swings up or down by a large amount.
So in the case of high volume (weight) and unbalanced supply/demand, it swings by a large amount and at a rapid speed, but with low volume it moves slowly.
Am I getting close..?
Would someone like to suggest the next 2 Preferably Trading with volume and say above $2 or 1
and above $5 for the other.
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