Rikity

Descending Volume + Descending Price = Pop on price

Long
NASDAQ:AMZN   Amazon.com
Looks like we are nearing the end of the consolidation. I think this run down is going to have a pop to the upside soon. The price and volume has been descending, sellers are running out.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.