$W 1-hour trading volume rose to 17.5 times the average, with price up 2.54%.
After a volume spike, there are usually three things to watch:
1) Price direction: upward
2) Whether the elevated volume can persist; a single volume spike is often just a blip
3) The range of the high-volume candlestick, which often becomes a short-term dividing line
Is this an opportunity or just noise?
#W
Highly volatile market. Please manage your risk.
After a volume spike, there are usually three things to watch:
1) Price direction: upward
2) Whether the elevated volume can persist; a single volume spike is often just a blip
3) The range of the high-volume candlestick, which often becomes a short-term dividing line
Is this an opportunity or just noise?
#W
Highly volatile market. Please manage your risk.