> I also looked at charts of its stock price. I saw signs that sellers were less patient than buyers. That usually indicates an ordinary fluctuation in business, but whatever, it counted as evidence that I could safely postpone buying, so I decided to wait
Any traders in the audience care to shed some light on how they would go about this?
In a similar vein, anyone knows how to read the patience of sellers and buyers by looking at the charts?
I guess one could see whether some standard price moves seem "interrupted" by intermittent selling? So e.g., the price in a previously established channel doesn't hit the upper resistance as much as the lower resistance?
Any traders in the audience care to shed some light on how they would go about this?