$ASTER ｜Volume surged 20× in 5 minutes｜Price fell 0.34%
What does a surge in volume mean? Trading volume is often called the fuel that drives prices: for a trend to continue, trading activity usually needs to keep up—but this is a rule of thumb, not a law.
Whether volume expands during a breakout is often used as one factor in judging whether the breakout is valid or false. Breakouts on declining volume are generally more likely to fail.
All data merely summarizes market movements that have already occurred. The market can turn in the opposite direction at any time.
What does a surge in volume mean? Trading volume is often called the fuel that drives prices: for a trend to continue, trading activity usually needs to keep up—but this is a rule of thumb, not a law.
Whether volume expands during a breakout is often used as one factor in judging whether the breakout is valid or false. Breakouts on declining volume are generally more likely to fail.
All data merely summarizes market movements that have already occurred. The market can turn in the opposite direction at any time.