medium · Volume Spread Analysis background-trend-context

A practitioner sees an up-bar on ultra-high volume, but the spread is narrow and the close is in the middle of the bar.

What 'hidden' signal is likely present?

  1. The start of a mark-up phase that is being deliberately slowed for further accumulation.
  2. Hidden selling, as the effort to rise is being absorbed by professional supply.
  3. Hidden buying, as professionals prepare to push through a resistance level.
  4. A 'Successful Test' of the demand above the current price.

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