medium · Volume Price Analysis wyckoff-laws

A stock has been rising for ten days. On the eleventh day, it makes a new high with a wide-spread candle, but the volume is only half of the previous day's volume.

What is the VPA signal?

  1. A 'No Supply' bar, indicating that virtually no sellers remain willing to sell here.
  2. Bullish validation confirming strong demand, suggesting the rally will now accelerate.
  3. This is stopping volume, an accumulation signal indicating the downtrend is about to reverse.
  4. A bearish anomaly suggesting the insiders have withdrawn and the move is unsupported.

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