volume is the key to momentum- ABCAP
Unless a big player enters in stock - It is unlikely for stock to come in momentum for a longer period and when a biggie enter it is likely to stop on 5-10%
stock remains in momentum for many months sometimes many years.
HERE i have plotted 3 anchored vwap from point 1-2-3
now understand what does volume says -- it suggest someone who has much more money than an average retail/ who has much more information about business or say much more understanding about company wont bet for 5-10% or say trading...
They bet big
They bet size
your job is to catch momentum - now when will momentum come?
momentum will come when swing will break?
when will swing break - when all short term moving average breaks - all anchored vwap breaks all imp golden ratio breaks
now watch next chart for learning.
this chart is imp
stock remains in momentum for many months sometimes many years.
HERE i have plotted 3 anchored vwap from point 1-2-3
now understand what does volume says -- it suggest someone who has much more money than an average retail/ who has much more information about business or say much more understanding about company wont bet for 5-10% or say trading...
They bet big
They bet size
your job is to catch momentum - now when will momentum come?
momentum will come when swing will break?
when will swing break - when all short term moving average breaks - all anchored vwap breaks all imp golden ratio breaks
now watch next chart for learning.
this chart is imp
Note
insight was right but when overall index sentiment is bad -- nothing works
never broke resistance
KA
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
KA
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.