Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

michaelstuarts

Help With Chart Analysis: Intel Corp

Recommended Posts

Hi.

 

I read posting instructions .........

I hope I did this correctly with the uploading and posting;not that savvy yet with files. (please give me pointers for better chart postings next time)

 

Can someone help clarify the price-volume action at locations A,B, and C. I don't have the hang of this yet.

 

At A, who is selling and who is buying.

The big green candle at the open must be from the buy orders from the night before; price starts to decline after the opening ; is this professional selling or short selling ?

 

There is a rally at B. ( I should have posted the tick data as well )

Is this professional buying ?

 

After the rally at B price declines to S1 goes to pivot point to form "W" and then

goes to phase C rally; whose buying here on increased volume ?

 

Can we tell what the roles of the market makers, the specialist, the institutions and the public are ?

 

Could VSA be of some help here as well ?

 

Thanks,

 

//Michael

 

 

 

 

attachment.php?attachmentid=1278&stc=1&d=1176693731

Presentation1.png.78432b9ac61b5c7f4e104505c1b8e42d.png

Share this post


Link to post
Share on other sites

So far I do not know any indicators for small trader that can point out who is doing all the buying or selling. If any one know, please point it out, I will be very appreciate to know how. Thanks in advance.

 

But base on Price and Volume, we can still do some analysis. At Point A.

 

bar number 4 was a down bar with good down volume, but has a long wick, meaning that buying is happening in the bar. so support is coming in.

 

bar 5 when down further but with less volume. so the firing power is drying up.

 

Bar 6 is the one that gives good clue that this run down is about to be over. It close at high and with good volume.

 

and it bounce off S1, when one put all these together, it gives good clue that a run up is coming.

 

weiwei

Share this post


Link to post
Share on other sites

At Point B, price run up on increased volume usually gives indication of bullishness, but since it is happening at close, many things can happen before the opening of next day to cut down that.

 

At point C, I can not derive a conclusion base on volume and price alone. Except that there is no follow through on price and volume on that long candle with good volume. But it is easy looking on hingsight.

 

weiwei

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.