hi richtan,

from your statement "sell volume shows buyer snapping from the seller queue", does that mean that if sell vol is higher than buy vol, it signal bullish since buyers are more willing to buy at seller's price? 

We shall see whether your prediction comes true or not tomoro.

Btw, I m speaking on behalf of all fellow forumers n sincerely request n appreciate if u can kindly use small caps as big caps equate to shouting (unspoken & unwritten rule, generally accepted n agreed) n also makes your posting more readable.

Let me teach u the rope of the trade (trick).

Do not just simply look at the volume today, wait till tomoro close n see the total volume cf to last few weeks volume, see my weekly chart below. 

Learn to look at things in perspective n not be tricked.

Sometimes, the daily volume can be misleading, the volume could be up with prices uncahnged or up but someone tries to play punk n purposely push down towards the close to make it look like down on heavy volume.

Btw, at the end of day, nothing is cast in stones,n charts are not holy grail, so still dyodd, make informed decision n if necessary, if hit your stop-loss, dun hesistate to cut loss n live with your decision should it later bounce back above your cut-loss as nothing is perfect.

Thanx. The volume of this counter surged significantly today with price dropped. What do this implies ?

Moreover, the volume is actually built up by a few big transactions only. Like 6000 lots, 3000 lots ... this few transactions brought the counter to Top 10 Volume Counters. Is this healthy?

I m in this forum for quite sometime, so naturally when I see lately more n more new hapless faces making ridiculous unsubstantiated posting without looking at TA n charts, I feel it is my obligations to give back to the forum wat I had benefited from this forum in the hope tat newbies who comes in do not degrade this forum with wild unsubstantiated calls n hopefully newcomers will take the effort to learn TA n read up trading books ( I had posted n recommended some good books n Free tutorial TA websites) n in future, can contiribute to this forum for the benefit of all forumers.

Lets share our knowledge n prosper together.

Do not short blindly unless u are convinced after looking at the daily n weekly charts.

It is your money, so dyodd

thanks richtan.. ur eagerness to get ur msg across and educate us can really be felt.. appreciate it..

in any case, i'm vested here.. hope it goes up!