medium · Volume Price Analysis support-resistance
An 'Upthrust' at resistance occurs on ultra-high volume. How does the VPA practitioner read this event?
- Short sellers are aggressively adding to their existing positions.
- The high volume here indicates a genuinely successful test of demand.
- Insiders are selling to retail traders whose buy-stop orders were triggered.
- The breakout is fully validated, and a strong markup phase is now clearly starting.
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