Q: What do you mean by "dynamics of price action" ??

MJ: Price action is actually the results of finite trades . Therefore, it is by nature moving all the time to reach balance.  For example, let's look at a company with the constant real value at $20 a share. However, over time, the share price will not staty at $20 as a constant straight line. Rather, the price will fluctuate along the $20 mean value. When the price drifts far enough above $20, some share holders would feel that the price good enough to sell their shares. When the price drifts low enough below $20, some buyers will feel the shares to be good value and start to buy in the shares.  That is the mechanism of the price action.  What you would see is a price action that oscillates along the mean value of $20....even though the "value" of the stock is absolutely constant at $20 .

This is just one simple example of "price action dynamics".