easy · Volume Spread Analysis background-trend-context

A stock is trading in a sideways range between $30 and$35. Suddenly, it drops to28.50 on high volume but recovers to close at 31.00 within the same period. There is no distribution in the background.

What is this structural event?

  1. A Shake-Out
  2. A Genuine Breakdown
  3. A Buying Climax
  4. No Demand

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