medium · Volume Price Analysis support-resistance
A Volume at Price (VAP) histogram shows the Point of Control (POC) at $150.00 and the Value Area (VA) between $145.00 and $155.00.
If the price is at $158.00 and forms a shooting star on low volume, what is the expected outcome?
- The start of an accumulation phase at the 155.00 level.
- A breakout rally toward new historical highs.
- Support holding at the Value Area High (VAH) of $155.00.
- Mean reversion back toward the POC at $150.00.
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