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Strategies & Market Trends : Strictly Buy and Sell Set Ups
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To: chowder who wrote (13331)6/27/2008 1:00:37 PM
From: Zincman  Read Replies (2) of 13449
 
Thanks for the explanation.

What I have been challenged with is trying to determine what amount of recent volume needed to break trough previous overhang lvl.

For example, if the volume of IMA (Feb-June 07) is X, and current vol is X+Y, but not broken through overhang, am I to conclude that additional (higher) overhang is becoming supply at that lower overhang price.

Of, am I making it too complicated..

Tia,
zM
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