medium · Volume Spread Analysis effort-vs-result-spread
A practitioner sees 'Professional Support' (Reverse Up-Thrust) on a chart.
What are the characteristics of this bar?
- It is a bar that appears only during a Distribution phase near the market tops.
- A weak up-bar that gaps higher yet closes on its low, on low volume, revealing no demand.
- A wide-spread down-bar that recovers to close on its high, on high volume, during a decline.
- A narrow-spread down-bar that closes on the very lowest volume recorded in the past trading month.
Sign up free to see the explanation and track your rank →
More Volume Spread Analysis effort-vs-result-spread practice
- During a market decline, a stock produces a down-bar on a na… — What does this 'No Selling
- Which of the following describes 'Falling Pressure'?
- A stock has been trading in a range between $40 and $45 for… — How would a practitioner ca
- An index has been rising steadily for three weeks. Today, th… — How should this activity b
- An equity is in a steady uptrend. Today, it produces an up-b… — What is the most likely pr
- What is the most likely scenario?
- A stock is rising on wide spreads and high volume. Suddenly… — What principle describes th
- An equity averages a daily volume of 1,000,000 shares. Today… — How should this volume lev