medium · Volume Spread Analysis climaxes-tests-springs-upthrusts

A practitioner observes 'Stopping Volume' on a daily chart of a stock.

What should the practitioner expect to see in the immediate future bars according to the accumulation campaign mechanics?

  1. An immediate V-shaped recovery and mark-up to the previous highs.
  2. A series of 'Up-thrusts' to hunt the stops of the new buyers.
  3. A gap-up through resistance on ultra-high volume.
  4. A period of sideways trading as the absorbed supply is digested and accumulated.

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