Help With Chart Analysis: Intel Corp

[michaelstuarts 10]

Hi.

 

I read posting instructions .........

I hope I did this correctly with the uploading and posting;not that savvy yet with files. (please give me pointers for better chart postings next time)

 

Can someone help clarify the price-volume action at locations A,B, and C. I don't have the hang of this yet.

 

At A, who is selling and who is buying.

The big green candle at the open must be from the buy orders from the night before; price starts to decline after the opening ; is this professional selling or short selling ?

 

There is a rally at B. ( I should have posted the tick data as well )

Is this professional buying ?

 

After the rally at B price declines to S1 goes to pivot point to form "W" and then

goes to phase C rally; whose buying here on increased volume ?

 

Can we tell what the roles of the market makers, the specialist, the institutions and the public are ?

 

Could VSA be of some help here as well ?

 

Thanks,

 

//Michael

 

 

 

 

[weiwei 10]

So far I do not know any indicators for small trader that can point out who is doing all the buying or selling. If any one know, please point it out, I will be very appreciate to know how. Thanks in advance.

 

But base on Price and Volume, we can still do some analysis. At Point A.

 

bar number 4 was a down bar with good down volume, but has a long wick, meaning that buying is happening in the bar. so support is coming in.

 

bar 5 when down further but with less volume. so the firing power is drying up.

 

Bar 6 is the one that gives good clue that this run down is about to be over. It close at high and with good volume.

 

and it bounce off S1, when one put all these together, it gives good clue that a run up is coming.

 

weiwei

[weiwei 10]

At Point B, price run up on increased volume usually gives indication of bullishness, but since it is happening at close, many things can happen before the opening of next day to cut down that.

 

At point C, I can not derive a conclusion base on volume and price alone. Except that there is no follow through on price and volume on that long candle with good volume. But it is easy looking on hingsight.

 

weiwei