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Learning2vest

11/16/07 7:51 AM

#197039 RE: gman1962 #197035

gman, if you or anyone else with T/A expertise cares to comment, need help understanding how to "read" the volume/price bars at left axis in ref chart(link below).

Thinking they represent cumulative trading volumes within a price range over timeframe of the chart with grey being down ticks and pink being the up tick trades. If that is correct(???), what is it saying? "The floor is in at $21" is this rookie's guess since it trades mostly on upticks at that level.

TIA for any help.


http://stockcharts.com/h-sc/ui?s=IDCC&p=D&yr=0&mn=4&dy=0&id=p66139992120

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dmiller

11/16/07 9:15 AM

#197048 RE: gman1962 #197035

Should I have written, "Down from here"?