Australian (ASX) Stock Market Forum

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Just in Perth for a couple of days so no charts to help


But

Markets or stock cannot rise if supply in large amounts is evident

If this has been exhausted making a new high and through prior accumulation which can now be seen as accumulation as the price has made new highs


Then the stock/s and or markets are free to move up as buyers are forced to buy at higher prices. Supply has been withdrawn


It will re appear again

When it does consolidation is likely

More later but hope this helps


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