Notice how the volume-spread analysis could help in finding major reversals. The analysis is applicable to all time frames.
Rest notes are on the chart.
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Trade safe, stay healthy
Best Regards Afraidtotrade
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The analysis is for educational purposes n applicable to any stock, its not an advice or recommendation for a particular stock.
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If some one asks for the present scenario of this chart i would say that there has been a fresh breakout on this monthly chart. So far there has been no signs of reversal on the downside. The pressure so far has been on the upside.
I never came across of such amazing explanation on volume analysis. thanks a lot :)
fromkolkata
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It is one of the most reliable indicators. After all price action depends on demand and supply.
Thanks a lot for sharing info. Very helpful. By the way how to access this type of chart?