Friday, March 20, 2009

VOLUME BY PRICE

The blue bars on the left (click on the SPY chart) represent the Volume By Price - which represents supply/demand - which represents support/resistance. Notice how perfectly the blue bar, 2nd from bottom, correlates to the most recent KEY LEVEL of resistance at 81.
SPY


Below are three good range bound stocks that can either be shorted on continued weakness or bought on strength.
USD


MA


AAPL

No comments: