$WAL volume is 10.1x its weekly average. Here is why that matters more than price
Most traders look at the plus 42.7 percent move today and chase blindly
Price alone tells you nothing about who is actually buying
Look at $WAL with $25.9M in volume compared to the usual seven day average
That means ten times the usual cash is flowing through the order books
A pump on flat volume is just an empty wick set by a few bored wallets
A pump on 10.1x volume means real participants are stepping in and defending dips
Check the volume multiplier yourself by dividing today against the average on your chart
If the ratio is under one stay away because nobody cares about that move
How do you usually check your volume before entering a trade
#WAL #TradingTips
Most traders look at the plus 42.7 percent move today and chase blindly
Price alone tells you nothing about who is actually buying
Look at $WAL with $25.9M in volume compared to the usual seven day average
That means ten times the usual cash is flowing through the order books
A pump on flat volume is just an empty wick set by a few bored wallets
A pump on 10.1x volume means real participants are stepping in and defending dips
Check the volume multiplier yourself by dividing today against the average on your chart
If the ratio is under one stay away because nobody cares about that move
How do you usually check your volume before entering a trade
#WAL #TradingTips