As a seasoned retail trader, I noticed $RAY saw a sudden surge in volume over the past five minutes—trading volume was 30.1 times the usual level, and the price was up 5.4%.
I don’t usually focus on the first candle. I watch the second candle after the volume spike: if it holds, that’s a real signal; if not, it’s probably just a one-off.
How do you usually handle a volume spike?

For reference only; this is not investment advice. DYOR.