Tech/a on Technical Analysis

[jjbinks]

VTG looks good

 

[Lone Wolf]

Is there anything particularly interesting about ATS from a VSA view? The best time to get in was probably at the start of Feb, on the high vol push up making a new high, followed by a very small low volume pullback. Now we've seen extreme volume which buying overcame. Selling appears to have withdrawn.

Is there such a thing as too much volume? As in, extreme volume could be a one-off event rather than a meaningful shift in crowd mentality? I believe the answer is no, as whatever the reason, it still represents a lot of interest at this price. With the important part being how price reacts following that exchange.

 

[tech/a]

Very nice chart
The volume control bar 4 bars back indicates
Supply was absorbed. Following Low volume
Days in a tight flagish pattern are all indicators
Of continuation.
Parameters are 41c and 36c

There are many opportunities out there I certainly
Dont post up every chart I see!

 

[debtfree]

@tech/a
Thanks for your continued work in this area.
I noticed BID belongs to the Information Technology Sector. If you are aware of this please ignore my post.

 

[tech/a]

Ha
Where did I get the Energy sector from
Think I was looking at another liked BID chart better
Posted it but made the notation meant for the other chart.
IE it was from the Energy Sector.

 

[Skate]

Ha
Where did I get the Energy sector from
Think I was looking at another liked BID chart better
Posted it but made the notation meant for the other chart.
IE it was from the Energy Sector.

Bid Energy (the name is confusing)
Bid Energy is a Software company



Skate.

 

[tech/a]

Sorry JJ
YES VTG also a nice prospect
Target $1.75

 

[tech/a]

One I've been in for a while.
I post it up as something interesting has appeared
you can see how I have managed---the good and the BAD
of the trade.

 

[kid hustlr]

Tech,

Any thoughts on INP ?

Stock was almost dead but has seen a strong turn around in recent weeks/months.

Given the nature/steepness of the fall would you hold back on this one or is the current price action enticing enough?

 

[tech/a]

INP my apologies for the late reply.

 

[tech/a]

EAR

The best case here is the high volume Control bar of yesterday becomes support
going forward
But it could just as easily become resistance. The next few days will tell.

 

[tech/a]

A follow up on charts helps understand a few things i put in place. Like a buy trigger.

 

[tech/a]

BUB never triggered now out of watchlist

 

[debtfree]

Thanks for the charts @tech/a and keep buying EAR if you will, I need all the help I can get at the moment against those buggers in the Monthly Comp

 

[tech/a]

VRL going along as planned.

 

[tech/a]

Exited CHC

 

[tech/a]

GEM as it should be!

 

[just_jay]

Just had a look at the 15 min chart to see if there was any support.

@tech/a you often mention "supply has left the building" and I take this to mean a reduction in volume on the daily chart. How do you apply this to 15min charts (you mentioned this in the BIN thread) given vol tends to be most fluid at opening and closing.

 

[tech/a]

I’ll pull a BIN chart when I have a chance and have a look
I think the Supply has left the building is one of Greggles

Supply can be withdrawn
And evident
But it never goes.

 

[just_jay]

@tech/a sorry, "the supply has left the building" comment is from the CHC chart you posted on the 10th Feb. I was trying to figure out if you apply the same principles for supply (on daily chart) vs supply/support on 15min chart. They may very well be 2 different things in your view but I was unsure.

Could you perhaps post a 15min chart that you have used to identify areas of support as an example please?