easy · Volume Spread Analysis climaxes-tests-springs-upthrusts
A stock has been rising for weeks. Today, it pushes to a new high, closes near its low, and has a high of 85 compared to yesterday's high of 83. Volume is high.
What is the descriptive name for this trap?
- Shake-out
- Supply Overcoming Demand
- Test in a Rising Market
- Upthrust
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