Volume is a leading indicator of price. $ERA 1-hour volume ratio: 17.9; trading volume: $10.2 million; price: +12.49%.
Rising volume is driving the move higher. If elevated volume persists over the next few periods, the trend is more likely to continue.
The first pullback after a sharp rally is the best way to gauge the strength of buying demand.
Shared for discussion only. Please manage your own risk.
Rising volume is driving the move higher. If elevated volume persists over the next few periods, the trend is more likely to continue.
The first pullback after a sharp rally is the best way to gauge the strength of buying demand.
Shared for discussion only. Please manage your own risk.