Case Study---Accumualtion -reaccumulation-distribution

16 kwi 2018

Individual events in the daily charts will be updated in the Updates section soon with respective expert's blog for better reference to the case
Disclaimer...invested, not an investing/trading recommendation

16 kwi 2018

Uwaga

Point and Figure chart of the corresponding vertical chart

16 kwi 2018

Uwaga

bclx=buying climax
sclx=selling climax
ar=automatic reaction
st=secondary test
lps=last point of support
sos=show of strength
sow=show of weakness

16 kwi 2018

Uwaga

stage 1.. accumulation...
here is the link to a blog by Bruce Frasher, my favorite wyckoffian ..
stockcharts.com/articles/wyckoff/2015/06/accumulation-phase-absorbing-stock-like-a-sponge.html

16 kwi 2018

Uwaga

stage 2.. reaccumualtion..
HEre is a wonderful blog by Bruce about reaccumualtion stockcharts.com/articles/wyckoff/2015/07/reaccumulation-roundup.html
this link is important for showing how th epoint and figure charting is used in wyckoff https://methods...http://stockcharts.com/articles/wyckoff/2018/01/reaccumulation-review.html

16 kwi 2018

Uwaga

then there was a long uptrend before distribution started

16 kwi 2018

Uwaga

stage 3 distribution
here is a good Bruce's blog on https://it..http://stockcharts.com/articles/wyckoff/2018/02/distribution-review.html

here is another ongoing case of distribution in US bond market which i charted

16 kwi 2018

Uwaga

i will update this idea, how it goes with tata steel in future, whether another redistribution happens or fresh accumulation
Fundamentally, this is an improving cyclical company, currently in adowncycle, which might end in coming times soon...
So i expect accumulation to restart soon after the mark down...