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home | Topping Behaviors | Mirror Image
 

Mirror Image


Note:  The historical stock examples given below are for EDUCATIONAL USE ONLY.  They ARE NOT to be used to make buy/sell decisions in today's market.  For more information, please read the HSR Terms of Use.

Description

Price rallies, but its range AND close mirror the prior week's price action on a significant increase in volume.

Behavior Note:  It's sometimes possible to have a price bar between two mirror image weeks.

What you need to know

Mirror Image is a sign of selling into strength because price range should expand when volume increases.

It's easy to miss a Mirror Image Week if you don't look at the volume total because price closes higher for the week.

Historical Stock Chart Examples 1A & 1BREX American Resources (REX) 2012

Click to enlarge 1A

Click to enlarge 1B

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