I've been googling the term 'price action', have read some previous posts here on the ASF and looked through a few books that I have on technical analysis, but all the information I find is a bit thin.
From what I've read here previously there is allot of reference to 'price action', it has also been mentioned in a previous thread that i'd initiated and it seems that it is an important consideration when analysing a stock.
What I understand at present is that it's often a fundamental indicator of the movement of a stock price, being a combination of buying/selling volume and the OHLC movement of a price ever a variety of time frames. Noting higher highs, lower highs, higher lows and lower lows to determine you entry or exit of a stock.
I wanted to start this thread to initiate discussion regarding 'price action' and volume as well to here your thoughts and comments.
Thanks and looking forward to your posts.