medium · Volume Spread Analysis background-trend-context

Suppose a stock is approaching a known resistance level. It gaps over the resistance on high volume and continues to rise.

How should a practitioner view this gap?

  1. As a signal that low-volume 'No Demand' conditions are now approaching soon.
  2. As a 'Trap Up-Move' designed specifically to lure in and then trap late, over-eager buyers.
  3. As a sign of strength designed to prevent 'locked-in' traders from selling at breakeven.
  4. As a sign that market-makers are desperate to unload their last remaining stock onto the public.

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