The wyckoff method is a very accurate method, There are many variations and purposes--soley to liquidate others or take shares from retail or weak hands, To sell of shares to FOMO traders or breakout traders. Liquidating Other institutions or create misleading Bullish signals and prices to entice investors etc, etc. the real skill is identifying the purpose of price movement, its likely targets of short term liquidity, and long term goals in correspondence to News.
@Integrity_Investments how you feel about the bounce at 3.00 .618 resistance with the markets likely tanking more? are ya going to update with a chart? thanks for sharing.
Integrity_Investments
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@Barter_Simpson, most ranges that lack support require good news to get up, If there is no catalyst, there is no fuel for the rocketship. Price tends to fall especially with bad financials. I encourage DD! But from the looks of it. with earnings around the corner, It is likely to see higher prices. Net income means a lot to company growth and reinvestment.