medium · Volume Price Analysis vpa-core
A stock opens with a wide-spread gap up. The first 5-minute candle is a wide up-bar, but volume is only 15,000 contracts against a morning average of $40,000.
What is the tactical advice?
- Buy immediately to catch the institutional gap
- Short immediately as a failed test of demand
- Stand aside; it is likely a trap up move
- Wait for the gap to fill on high volume
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