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Shanghai Mart
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Shanghai Exhibition Center
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Interview with Zack Miller - Ex-SeekingAlpha...
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Shanghai East Asia Exhibition Hall
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Shanghai Everbright Convention & Exhibition ...
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David Fry
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TraderMark
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Another Stock Showing Strong Distribution: WYNN
WYNN was on the long list for quite some time, but has now reversed and is the perfect short setup. A bear flag has formed, with volume that's showing distribution. Many like to wait for price to breakdown out of the flag pattern. I prefer to enter early, when price is at the to of the range.
More »Strategy Session: Using Distribution Patterns to Predict Trends and Trend Failure
The second most important aspect of my trading strategy (behind support and resistance) is using volume to classify stocks that are under accumulation and distribution.
More »Distribution is under way when, over a period of time, stocks show higher volume on down days and lower volume on up days. In a bullish trend, this predicts the trend will pullback or fail. In a bearish trend, expect the trend to continue until the distribution pattern is reversed.
Take a look at GME. This stock shows classic distribution. During the recent uptrend, positive volume was putrid. Trend failure was easily predicted. Currently, the distribution pattern is continuing. This suggests a retest of recent lows.
I will likely short this stock soon.