Ashoka Buildcon

4 hari yang lalu

1. There's a volume dryup on small ob area.

2. price keep tappinn and going back to retailer's profit booking area

3. This jump in price keep getting reduced and free-float shares also reducing

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Catatan

Those punches are the long wicks that are throwing out the weak hands. Letting the weak hands book their profits Letting the weak hands who entered at the breakout exit and absorbing every free-float share so that the stock can move freely on the next attempt to breakout.

Understand how the algorithm is injecting liquidity and absorbing liquidity at the same time