medium · Volume Price Analysis

During the first 5 minutes of an equity session, a stock gaps up 2.00 and forms a wide-spread up candle. However, the volume is only40% of the average opening bar volume.

What is the most probable institutional intent behind this move?

  1. A 'trap up' move to test retail interest
  2. The start of an accumulation phase
  3. A genuine breakout markup
  4. An institutional short squeeze

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