Preliminary Supply : Institutions start unloading shares to retail (spike in volume)
Buying Climax : Usually on a good news (AUD weaker than expected employment data) Instituions start unloading shares to public without depressing the price.
Secondary Test : On depressing volume as retail is pushing the price.
Secondary Test as Upthrust : On lower volume, collecting stop orders.
Sign of Weakness : On increased selling volume, supply is now dominant.
Upthrust after Distribution : Final test and final liquidity grabs before mark-down
Last point of Supply : Feeble rally, low volume, last step before mark-down.
Buying Climax : Usually on a good news (AUD weaker than expected employment data) Instituions start unloading shares to public without depressing the price.
Secondary Test : On depressing volume as retail is pushing the price.
Secondary Test as Upthrust : On lower volume, collecting stop orders.
Sign of Weakness : On increased selling volume, supply is now dominant.
Upthrust after Distribution : Final test and final liquidity grabs before mark-down
Last point of Supply : Feeble rally, low volume, last step before mark-down.
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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.