What would the significance of these 2 long green bars be?

Discussion in 'Technical Analysis' started by up300konngz, Sep 23, 2020.

  1. Overnight

    Overnight

    With 40 posts? What do you want from the guy...The world? lol!
     
    #11     Sep 23, 2020
  2. xandman

    xandman

    Given that the trend is already down but barely any move on high volume, somebody stands ready to buy the big dumps, either at the open or close. It's called Accumulation. There are technical indicators for that.

    • MARKET CAP $294.71M
    • SHARES OUTSTANDING 40.15M
    • PUBLIC FLOAT 16.42M
    They can make you see what they want you to see.
     
    Last edited: Sep 23, 2020
    #12     Sep 23, 2020
    up300konngz likes this.
  3. hey fellas thats a 2min chart for $CSPR...
     
    #13     Sep 23, 2020
  4. deaddog

    deaddog

    EOD trades; Could be shorts covering.
     
    #14     Sep 23, 2020
  5. Likely profit taking by shorts.
     
    #15     Sep 24, 2020
  6. SunTrader

    SunTrader

    #16     Sep 24, 2020
  7. jys78

    jys78

    Probably nothing.
     
    #17     Sep 24, 2020