Stock Market Logic Series #1

The 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.
Beyond Technical AnalysislongsetupoverextendedshortsetuptemplateTrend Analysisvolumeanalysis

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