Footprint charts are a type of candlestick chart that provides additional information, such as trade volume and order flow, in addition to price. It is multi-dimensional in nature, and can provide ...

Why? Volume is a proxy for institutional investors. The massive trading power of mutual funds, endowments and other major investors leaves a footprint on charts: big volume. That's why volume ...

Chart 1 shows PENN on a weekly basis ... to see as I want to own stocks that money managers are buying, and the volume footprint of PENN shows that money managers have been accumulating shares ...