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Re: FlyFishingStocks post# 433144

Wednesday, 02/19/2025 8:13:35 PM

Wednesday, February 19, 2025 8:13:35 PM

Post# of 447746
Sure enough ...

So far there is nothing to get excited about unless you are looking to short a pullup to falling resistance (ice line and 200 day moving average).


As I wrote before, "There is way too much overhead to blast through on less than average volume."
Current chart confirms the former:


By the way, here is a chart that displays the prognostic value of volume interaction with trendlines or overhead resistance.



y'all should do yourselves a favor and memorize this valuable information. It could be very profitable if you were to ever follow this basic TA 101 principle,
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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