medium · Volume Price Analysis vpa-core

What is the primary significance of a 'No Demand' bar appearing at a previous level of resistance?

  1. It is a successful test of supply signaling a bullish campaign.
  2. It signals that insiders are quietly accumulating a large position ahead of a breakout.
  3. It validates that resistance is about to give way and price will break higher soon.
  4. It confirms that institutional buyers have withdrawn and the trend is exhausted.

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