SpinTrades

May have found a base and turn up

NASDAQ:VRM   VROOM INC
After reaching an ATH just above 75, the price has since fallen back and consolidated after failing to reclaim the upward trend line . Long entry above 51.49 is a confluence above the.236 fib as well as the VPOC, more conservative entry is at reclaim of the trend line . This may also have a possible earnings run-up approaching late November.

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Hi spindle, I caught your post on Stocktwits. This is my first year trading and I’m trying to find smart, honest, and helpful people to learn from. My question is the graph on the side price/volume? I recently seen a video ad promoting Precision Volume Alert w/ Dustin Pass and Ross Givens that used price to volume, and I am pretty intrigued with it. Thank you for your time.
+1 Reply
SpinTrades pelletiervincent40
@pelletiervincent40, Hi there I'm sorry I did not see this. Yes it is volume by price. So it shows the amount of buying and selling at a certain price level. Typically where there has been a lot of buy/sell history at a price point, it will face resistance at those levels. At prices where there is not as much history, it can move through much quicker.
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