It says there are 4 states:accumulation, markup, distribution, markdown. However, let’s say the stock goes through accumulation phase, goes up, and enters the second accumulation phase!? Or the stock is going down after the distribution phase, and instead of entering the new accumulation phase, it enters another redistribution phase and then the stock proceeds to go down even more. How do you tell what phase the stock is in?
submitted by /u/TheBomb999 to r/Daytrading
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