$AVA 1 The hourly trading volume was approximately $5.11 million, 5.8 times the previous average; the price rose 4.39% over the same period.
Let’s break down this figure.
When analyzing a volume spike, you need to look at the price too: where it closes and how long the wicks are usually tell you more than the trading volume itself.
It’s much more reliable to work out your position size based on where you’ll place your stop-loss than to choose one by guesswork.
Let’s break down this figure.
When analyzing a volume spike, you need to look at the price too: where it closes and how long the wicks are usually tell you more than the trading volume itself.
It’s much more reliable to work out your position size based on where you’ll place your stop-loss than to choose one by guesswork.