TheShakeOut
Short

BABA is weak. The market could tell us to short soon.

NYSE:BABA   ALIBABA GROUP HLDG LTD
76 2 2
The chart tells a story and the story unfolds bar by bar.

Could you explain a little more how to tell demand and supply form you chart?
Reply
I analyse the imbalance of supply and demand in the market by looking at the amount of activity, the spread and the close of each bar. This technique is called VSA (volume spread analysis). If you are interested in having a complete understanding of how the markets really work I would recommend that you read Tom Williams and Gavin Holmes.

Basically you look for high volume bars because they have professional activity and really low volume bars because they are tests and show either lack of demand or lack of supply in the market. Then you wait to see how the market reacts to them to confirm what is most likely to happen next in the market.
+1 Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out