medium · Volume Spread Analysis wyckoff-phases-schematics
A stock rises from 50 to65. On the move to 66, the volume increases, but the price range (spread) becomes very small, and the close is in the middle. The next day, the price closes at64 on high volume.
What does this two-bar sequence suggest?
- A bullish re-accumulation phase is starting.
- A temporary pause before the move to $75.
- Supply has overcome demand, and the trend has likely ended.
- Professional support is entering to hold the 64 level.
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