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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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ajtj99
To: ajtj99 who wrote (65058)7/11/2022 10:03:06 PM
From: Sun Tzu1 Recommendation  Read Replies (2) of 97562
 
Actually in this case high +tive volume is bearish. This is an exhaustion pattern. So you want to see a big volume at the top spike. The bigger, the better.

AMZN from May 24 - June 6 is another good example...also note the volume there.

Maybe I should name this pattern if even you don't know it ?:-/

I shall call it the Sun Tzu's Sword - cutting the stock down <g>
OK, I will just call it the sword...I'm thinking of the mythical knight drowning in the swamp while grasping his sword above the water.


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