Stock Market Logic Series #1The purpose of this series is to provide insight into what price is likely to do...
and more vital... what price is not likely to do... (since X is the cause and X is not existing, hence Y will not happen...)
The chart is self-explanatory.
IF no-one cares about the stock THEN no one will put money into it (no volume) THEN it will not rise.
The BIG question is, at a certain overextended place, the price is rising, even though, everyone is at a loss on this stock. why NOT crush into a price of $1 in one sharp move?
Can we "KNOW" that we are in an overextended place?
When you have stock market logic behind you, you will be more confident to take trades.
