hard · Volume Price Analysis support-resistance

What are the two psychological groups trapped by this move?

1. Breakout buyers who entered on the spike and short-sellers whose stop-loss orders were triggered.
2. Institutional sellers who covered forced short positions and retail buyers who dumped shares at the low.
3. Vindicated bottom-holders and late sellers who capitulated right at the very top of the range.
4. Sideline traders who missed the move and are now waiting patiently for a pullback entry.

Sign up free to see the explanation and track your rank →