RE: UK Stocks - Watchlist and Discussion (Premium)
(2014-08-25, 04:48 PM)MalcolmSm1th Wrote: I've been looking at this one too and I am wondering what to make of the volume on the penultimate day and the day before that. Great volumes, but they're on down days which is giving me cause for pause.
I would be more concerned if there was a larger body on the candles that accompany the down days with large volumes. Those doji like candles on high volume could signify confusion and or distribution, and certainly don't signify a massive sell off. Its last three large volume down day candles are pretty much identical.