medium · Volume Profile Analysis profile-shapes
A technology stock's prior week composite profile is b-shaped: the bulk of the week's volume is in the 148-152 range, with a thin upper tail reaching to 158. This week, the stock opens at 157.50 — inside the thin upper tail of last week's b-shape.
Based on the b-shape structure, what is the primary volume profile hypothesis for the current session's opening?
- The opening in the thin upper tail confirms genuine bullish accumulation at the highs; price will keep climbing because a b-shaped composite is always a bullish continuation pattern
- Opening in the thin tail of the b-shape places price in an LVN; a failure to attract new volume here increases the probability of a return toward the dense lower cluster at 148-152
- The thin upper tail behaves as a structural magnet that keeps pulling price steadily upward with no meaningful resistance at all until an entirely new session profile forms
- Opening within the upper tail of a b-shape automatically confirms that a fresh, fully separate double-distribution is already developing at these elevated prices this session
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