Volume is a leading indicator of price. $PROM 15-minute volume ratio: 5.5; trading volume: $2.62 million; price: +1.72%.
Volume is up, but price movement is limited, suggesting a potential buildup between buyers and sellers. Watch for the next directional move.
The first pullback after a sharp rally is the best way to gauge the strength of buying interest.
For discussion purposes only. You are responsible for your own gains and losses; participate rationally.
Volume is up, but price movement is limited, suggesting a potential buildup between buyers and sellers. Watch for the next directional move.
The first pullback after a sharp rally is the best way to gauge the strength of buying interest.
For discussion purposes only. You are responsible for your own gains and losses; participate rationally.