5 Support and Resistance Level Support is where a declining trend can be expected to halt, temporary, due to a concentration of demand Resistance is where and advancing trend can be expected to halt, temporary, due to a concentration of supply
15 Volume Interpretation 1.The most important principle is that volume normally goes with the trend. In a rising market, volume should be expanding and in a declining market it should be contract. Rising volume refers to the average daily, weekly, or monthly transaction level relative to itself. 2.Rising volume and price are normal phenomenon. 3.Volume normally leads price. A new high price that is not confirmed by volume should be regarded as a red flag, warning that the prevailing trend may be about to reverse
16 Volume Interpretation 4.Rising prices and failing volume are abnormal, and indicates a weak ans suspect rally. 5.A parabolic rise in prices and a sharp increase in volume are unsustainable, and eventually result in an exhaustion move. 6.The reverse se of circumstances, when the price declines sharply and volume expands to climactic levels, is a selling climax.
17 Tugas Kerjakan dan kumpulkan pada Pert 12 Tugas 11-1 Tugas 11-2 Tugas 11-3