Today we're using the 
PANW chart for a tutorial on how to determine when a stock has started a bottom and is no longer a sell short opportunity, by reading the accumulation vs. distribution indicator along with volume and candlestick patterns.
Reading indicators is essentially learning the language of the market. Candlesticks are an indicator; volume is an essential indicator. Accum vs Dist is also critical to compare to price and volume to understand who is in control of the price action for making better swing or position trading decision.
In this chart, Buy Side Institutions are buying while smaller funds are selling on what they think is a "bounce" in a downtrend, when it is not a bounce. It is hidden Dark Pool quiet accumulation.
PANW chart for a tutorial on how to determine when a stock has started a bottom and is no longer a sell short opportunity, by reading the accumulation vs. distribution indicator along with volume and candlestick patterns. Reading indicators is essentially learning the language of the market. Candlesticks are an indicator; volume is an essential indicator. Accum vs Dist is also critical to compare to price and volume to understand who is in control of the price action for making better swing or position trading decision.
In this chart, Buy Side Institutions are buying while smaller funds are selling on what they think is a "bounce" in a downtrend, when it is not a bounce. It is hidden Dark Pool quiet accumulation.
Martha Stokes, CMT
Chartered Market Technician
Co-founder, CEO & Head Instructor at TechniTrader
Learn more at the TechniTrader Learning Center: ttrader.im/learning-center
Chartered Market Technician
Co-founder, CEO & Head Instructor at TechniTrader
Learn more at the TechniTrader Learning Center: ttrader.im/learning-center
Related publications
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.
Martha Stokes, CMT
Chartered Market Technician
Co-founder, CEO & Head Instructor at TechniTrader
Learn more at the TechniTrader Learning Center: ttrader.im/learning-center
Chartered Market Technician
Co-founder, CEO & Head Instructor at TechniTrader
Learn more at the TechniTrader Learning Center: ttrader.im/learning-center
Related publications
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.