In this video, David & I cover using the Quantumtrading support & resistance indicators for stocks such as Fate Therapeutics, Apple & Tesla. The indicators in question are the volume point of control which marks out key levels in terms of volume and the price-based accumulation and distribution indicator. This indicator is unique in that once the indicator marks a level it will thicken each time that level is tested and holds. What this does for the trader and investor is give a clear visual picture of the relative strength of any significant level. And when the accumulation & distribution combines with the volume point of control we know the level is of supreme importance as we can see on the monthly chart for FATE.

Charts courtesy of Ninjatrader.

Learn more about the volume price analysis methodology in Anna’s book which is available here: