ABSTRACT
Accumulation is the buying of large amounts of shares in expectation of a significant increase in stock price, often by individuals with deep knowledge of the company who are of the opinion that the stock is under valued. The accumulation phase is the initial phase of a major upward trend when astute investors will be buying securities. The stock is said to be going from weak hands to strong hands. It may be that bad news has already been discounted by the market. Accumulation takes place when the demand for a security exceeds the supply of it.
