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 now.
- A temporary pause before the next move toward the 75 level.
- Supply has overcome demand, and the trend has likely ended.
- Professional support is entering to hold and defend the 64 level firmly.
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