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How to Supply Hour Charter For Free
hey guys mikey from stock hours and today ill be teaching you how i chart my supply and demand zones demand is caused by a large move to the upside and a supply is caused by a large move to the downside but both of them are have one thing in common they start with a consolidation so consolidation followed by a large move to the upside is demand and then a consolidation followed by a sharp move to the downside is a supply or supply zone uh here for example we had this consolidation and um for an example here pretend big money wants to fill in 100 million dollars up to the upside realistically theyre not going to be able to fill all their buy orders at this consolidation so if they were to fill 80 million out of 100 the next time the stock comes back into that zone we would see a large move to the upside or a short term bounce now it is our job to watch price action and volume and figure out which participant is in control and which participant is trying to make money here so ill beg
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