easy · Volume Price Analysis support-resistance

Which of the following describes the 'Wholesaler Analogy' used to explain insider behavior in VPA?

  1. Insiders buy at retail prices and then sell again at wholesale prices, reversing the natural cycle
  2. Insiders only trade when the retail public itself provides sufficiently high volume to move price
  3. Insiders try to keep prices as stable as possible at all times to avoid drawing outside attention
  4. Insiders accumulate inventory at wholesale (low) prices and distribute at retail (high) prices.

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