SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Doug R who wrote (23714)11/30/1998 6:25:00 PM
From: TATRADER  Read Replies (1) of 79268
 
Doug, in your experience, when a stock does not hold a gap but closes below it, with this level of volume, does it not indicate distribution and more downside ahead? Or if Market makers short to slow a rally, do they sometimes play games with the gap price to shake out shares, for further upside ahead? I am asking this question, not to challenge you, but to learn...Comments appreciated...Mark

P.S. Stock in question is ECHO--gap price was 3 1/2, I believe....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News