When a stock that was hitting a new high in the central sector of the market gaps up and then has a large negative candlestick, short-term investors who had been following the stock in a hurry are terrified by the sudden drop in price and cut their losses, while existing holders conclude that the trend has ended and take profits.
However, a long bearish candle with a gap from the highest price without trading volume should be closely monitored as it is highly likely that the trend is not over but rather that a re-uptrend is beginning.
Additionally, the appearance of a doji (cross) without trading volume at a pressure point after D+n trading days (indicated by a circle on the chart) is a strong trigger for a trend reversal.
Looking at the above chart, it plummeted by a whopping -15% from the intraday high of +10% to -5%, but successfully reversed after 4 trading days with a doji formation.
--- From "Practical Investment Candlestick Interpretation"

Although the order book is the most frequently viewed indicator by investors when conducting short-term trading, many people do not know its meaning.
Before going into technical analysis, let's fully understand the meaning of the order book.
…Please keep in mind that there are always buyers and sellers waiting to buy or sell, not visible in the order book.
Conversely, let's think from the seller's perspective.
If a stock owner believes that the stock will rise further, he or she will want to sell it at a higher price than the current price.
In other words, there is a high possibility that a sell order will be placed above the current price of 179,100 won.
In this way, the quantity accumulates in the selling balance.
If you believe that this stock will fall at any moment, you will sell at the market price instead of placing a sell order above the current price.
At this time, if the remaining purchase volume is lower than expected, it becomes difficult for those holding a large quantity of stock to sell.
If there is no remaining purchase volume to cover one's own holdings, the stock price will plummet due to large-scale selling.
Therefore, large-scale institutional investors and foreign investors only begin selling when they have accumulated sufficient buying power and selling in bulk does not have a significant impact on the stock price.
This is why stock prices fall when there is a lot of buying left at the high point.
--- From "Completely Analyzing Hogachang"

Therefore, when major investors such as institutions or foreigners make profits at the peak without suffering losses, there is a need for investors to accept that amount, so the trading volume inevitably explodes.
Or, even if major supply and demand does not directly create trading volume, the period when trading volume explodes due to external circumstances is used as an opportunity to make a profit.
Looking at the chart above, we can see that the stock price rises without any volume before the first surge, and then falls after a large volume occurs.
From the holder's perspective, if there is an upward trend without trading volume, it is a strong signal that the price has not yet reached its peak, so hold and take profits along with major supply and demand when trading volume explodes.
Looking at the second box, it showed a sideways movement with no volume for about a month before that.
Afterwards, it surged again, creating a double top.
Double tops often occur during the re-accumulation and subsequent surge due to major supply and demand failing to fully digest the volume from the first long bullish candle.
Remember that high volume occurring at the bottom or in a reverse order signals a reversal of an uptrend, while large long bullish candles and high volume following an uptrend at a high point signal a short-term top.
--- From "Analyzing Trading Volume and Transaction Amount"

The difference between afternoon breakout trading and morning breakout trading is that while morning breakout trading establishes a buying point when the price breaks through the previous day's all-time high or a specific price (round figure), afternoon breakout trading is characterized by buying when the price breaks through the all-time high selling range formed in the morning.
Also, the afternoon is a time when trading volume decreases significantly compared to the morning, so it is a good time to select stocks.
We need to look at Jun more closely.
In other words, it is advantageous in terms of probability to target only the stocks that are ranked 1st or 2nd in terms of market leading trading volume.

If a stock forms a high point and shows a correction during the morning or lunch hour, there are bound to be investors who are bitten by the high point.
The psychology of these investors is 'I'll escape if I can get my principal back.'
In other words, from the buyer's perspective, there is uncertainty that a sell order may appear at any time.
At this time, if supply and demand come in again from the low point in the afternoon and the stock that has reached near the previous high is sold off only from the previous high, the stock will definitely reach a new high again.
Short-term market participants will press the buy button together when the previous high is digested and the stock breaks through, and the stock will make additional short-term shooting due to inertia.

--- From "The Classic Breakout Trading Strategy for a Rapid Rise"

Since short-term swing trading is a holding strategy that lasts for about 1 to 2 weeks, you should never buy in a hurry.
Also, as I emphasized earlier, you should not jump into the market with your own imagination that there will be a rebound when there is no trading volume.
If you buy like this and there is a rebound, that experience will actually be detrimental to your future trading habits.
In a market with no trading volume, it is not difficult to trade with 1 million or 2 million won.
However, later on, when you accumulate profits and become a big trader, you will need to trade in the tens or hundreds of millions of won range, and at that time, the trading points and stocks that you traded with 1 to 2 million won will no longer match.
Therefore, even if I trade with a small amount, it is important to select stocks and strike a balance that will allow me to trade in the same way when I trade in units of tens or hundreds of millions in the future.
If you get used to trading stocks or points with no trading volume, you can make small profits, but you will never become a big trader later on.
Therefore, it is recommended to buy at a closing price of approximately 10% on the day when there is a certain amount of trading volume and the trend turns above the 20-day moving average.
If it rises sharply the next day, you can take a profit by splitting the price, but if it moves sideways further, it is appropriate to buy once more at around 10% of the closing price in the afternoon rather than buying more immediately in the morning.
--- From "Short-term Swing Trading with a Standard Bar"

When a stock that has been rising as a leading stock starts to decline, market traders seek to make profits by buying at low prices.
However, if the previous day's closing price becomes a resistance level and fails to break above this level, the daily chart fails to turn positive, disappointment sell-offs quickly pour in, and the stock price plummets further.
In cases where a stock that started at a consolidation level does not immediately rise sharply and undergoes a short-term adjustment, the previous day's lowest price often becomes the support line.
The stock above also started out flat and fell by -2.7%, but then rose again after supporting the previous day's low.
If a stock hits its upper limit within a week or suddenly rises due to a surge in market leaders, many short-term traders in the market are monitoring it and waiting to buy or sell.
Therefore, when this baseline is touched, there is a high probability of a rise or fall, so you need to increase the probability through a lot of practice.
--- From "Setting the Baseline and How to Use It"

The second is the mass sale of assets by institutions or foreigners.
When trading stocks with a certain amount of trading volume, individual investors' orders are usually resolved in one or two orders.
This is because in the case of leading stocks, more than 100 million won is easily placed per unit.
However, the situation is different for institutions or foreigners who hold tens or hundreds of billions of won.
If an institution needs to sell 3 billion won, even if each order is worth 100 million won, theoretically, it should push out 30 orders by selling at the market price at once.
Then, the stock price will suddenly plummet, causing great losses to the holders.
So when should they sell to minimize the impact on the stock price and realize profits? The timing is precisely when trading volume explodes, when individuals buy large quantities in a bullish candlestick pattern, and this is when institutions and foreign investors tend to exit.
Stocks that are rapidly rising usually have trading volumes exceeding 1 billion won per minute.
At this point, individual investors will be buying with their hearts pounding, but holders must keep in mind that this is the perfect selling point to exit without damaging the market.

--- From "How to Reduce Impulse Trading"