medium · Volume Spread Analysis wyckoff-phases-schematics
A stock has completed a selling climax and is trading sideways. A news event on Friday afternoon causes a gap-down on moderate volume, but by the close, the price is at the top of the day's range.
What is the most likely professional maneuver?
- No Demand following the climax.
- The Friday Afternoon Shake-out
- A Bearish Gap through Support
- A Trap Up-move
Sign up free to see the explanation and track your rank →
More Volume Spread Analysis wyckoff-phases-schematics practice
- During a distribution phase, how do professionals use 'Good News' to facilitate their stra
- Why is the '90-Minute Reporting Delay' on the London Stock Exchange significant for VSA pr
- In the Accumulation phase, why does volume typically remain low on rallies within the trad
- In the 'Mushroom Top' distribution pattern, why do prices round over gradually rather than
- A stock gaps up $3.00 on a positive earnings report after a… — How should this scenario be
- A stock gaps up from $78 to $81.50 following a positive earn… — How should a practitioner
- What is the diagnosis?
- To follow the 'Checklist for Going Short,' when should the trader ideally execute the entr