Unusual volume alerts!

[tech/a]

must depict volume

Yep

 

[$20shoes]

SDG has some merit. High vol bar has provided support. Might be one to watch...is doing the right things for now.

 

[nunthewiser]

LKO vol spike today if anyone intrested

on no news

 

[skc]

SDG has some merit. High vol bar has provided support. Might be one to watch...is doing the right things for now.

FWIW that high volume was Packer selling out... on a cross trade from memory.

 

[$20shoes]

FWIW that high volume was Packer selling out... on a cross trade from memory.

Interesting that it hasn't damaged the stock any ( factored in I suppose) and SP is now priced at a premium to what Packer sold out for. I'm waiting for signs of demand here - seems to be able to be pushed up and down on reasonably small volumes.

 

[johnnyg]

Nice repeating pattern.

 

[JonnoB]

A couple you may be interested in.

NHC: Volume has been increasing over the last couple of weeks, but the price has not increased that much. Is it distribution?



MIN: Probably doesn't meet the average volume requirement, but a few squat bars with volume spikes that have been followed by an up move.

 

[Vizion]

As very much a newbie at readings charts and volume I will have a stab at both those charts. The high volume with not much price move is indicative of selling not buying. Small spreads with high volume I think means supply is greater than demand and a sell off at what large holders think is a high before the div on the 23rd which has probably kept people in as well.

The gap up in August (NHC) was to keep traders in the market and the Mid to end of September volume again was to keep traders in the market.

I probably have that ass about & I'm more than happy to be corrected by wiser heads as I'm still very new to this!

 

[nunthewiser]

NHC is because of the very high yield divvie due soon. dont know ex date off top of head but apparently its a bewty . i do not hold but been trading it from time to time over the last 2 months

 

[Vizion]

I thought that to Nun, I nearly even jumped on a few weeks ago too but figured I had missed the boat as far as a div play was concerned.

I still think that volume might be more indicative of selling not buying due to the spread. As I said though happy to learn from wiser heads

If the price goes up over the next couple of days I am dead wrong, if it stays the same though, that's allot of effort for not much gain in price.

 

[nunthewiser]

I still think that volume might be more indicative of selling not buying due to the spread. As I said though happy to learn from wiser heads

.

that may be the case m8 . i cannot help any further,other than my previous general divvy comment as not been watching the depths/action close enough over the last week or so to give an opinion,,,busy elswhere

 

[Wysiwyg]

I still think that volume might be more indicative of selling not buying due to the spread. As I said though happy to learn from wiser heads

Not a wiser head but if you look at the volume increase and average spread back on 28 Aug. 2009 and "assumed" it was "indicative" of selling not buying then you would be wrong.
Please provide information on your "indicative of selling due to spread" because I also want to learn.

Thanks.

 

[Kalvin]

POZ went ballistic today; very significant increase in the volume of trades compared to past few weeks. Interesting announcement from the company, with, maybe, a turn in the global economy predicting an increase in demand for phosphate.

 

[Wysiwyg]

Not a wiser head but if you look at the volume increase and average spread back on 28 Aug. 2009 and "assumed" it was "indicative" of selling not buying then you would be wrong.
Please provide information on your "indicative of selling due to spread" because I also want to learn.

Thanks.

Disregarding the price range, I have a copy of some timely knowledge on the subject of volume by Brian Shannon.

Big Volume without further upside equals distribution
Big Volume without further downside equals accumulation
Volume tends to peak at turning points
Volume often precedes price movement

 

[Vizion]

Wysiwyg I did not say the August push was selling, I said it was a gap up to keep traders in the market. That I think was buying not selling, to keep the people who had bought through early June to August in and not sell. At that point its bullish. The same goes for mid September.
I still think the volume spike in the last coupe of days is selling.

I'm no chart reader as I said, I'm a complete novice

My reasoning is based on my reading to date on volume by Tom Williams and Mr Shannon also. I'm not offering advice just an opinion, more to get an opinion back from more experienced traders here as I'm still very much trying to get my head around it all! Cheers for the reply

 

[GumbyLearner]

TAS

The highest volume the last two days in a long while.

 

[Skip1jz]

Biggest volume to date traded on Excalibur Mining Corp. (EXM) today, follows some large volumes traded on Mon and Tues.

 

[$20shoes]

HDF has attracted unusual amounts of volume since its correction. The volumes are on thin range and often come in as stopping volume. Price tends to move up after spikes, suggestive of accumulation.
The amount traded is dissipating but also cognizant that there has been small demand over $1.03 to date.

 

[suhm]

that's orbis buying up HDF, their up to 14.5% so not sure how much more they are gonna buy

 

[$20shoes]

that's orbis buying up HDF, their up to 14.5% so not sure how much more they are gonna buy

They're everywhere at the moment. Were also accumulating SDG, a stock mentioned in this thread.

OF course we don't really care who is soaking up the supply...just as long as the SP does the right thing on a nice R/R presented.