cmach123

Does anyone have a method for depitcing whether a stocks price will bounce after a slight decline? For example, in the attached, you'll see a green arrow pointing, after this the price declines. When the price declined, by a few cents, how can one tell if this is just a test and the price will bounce back up? As you can see, this stock crashed hard... If you need another pic, showing the background, I gladly add it...

To go long, the next bar should be a wide spread up-bar, with volume greater than the previous two bars??

I have an example I would like to share, and I would like feed back in regards to the next day's instication of a buy. If you see in the attached files, this particular stock closed at $2.43, which is the same as the bars low. In order for the next bar to be an indication of a buy: 1.) Does the next bar have to open below the previous bar's close; the high is higher than the previous days high, and the close has to be higher than the previous bars high and the volume has to be less than the volume on 8/28? or 2.)Does the next bar's Low, and Open both have to below the the previous day's bar, and the high has to be lower the the previous day's high, and the close has to be higher than the previous close? or 3.) Simply, tell me what to look out for...

I inserted Sevensa's VSA Indicator into Tradestation, it seem's the no supply, no deman bar are doing the opposite. If there's a no supply bar, the price should go up..but instead it decreases...

Thanks for the response. I appreciate a detailed answer. You made a point related to background weakness. How does someone measure this?

I have pretty good understanding in regards to reading a candlestick/bar chart, and what to expect. But when a horizontal line (blue arrows pointing) appears, I have no idea what to expect. Can anyone explain what this means? Is it no demand bar, or no supply bar?

The posts related to pivotprofiler...

I know this is VSA part3, but where are the charts in VSA part 1? I could benefit from these charts b/c the explainations were really clear....