$OGN 1 hours transaction amount enlarged to 5.8 times the average, price +0.75%.
After volume expands, I look at three things:
1) Price direction: both volume and price rise
2) Whether the volume expansion can be sustained—single-candle volume spikes are often just a pulse
3) The range during the volume expansion; it often becomes the key level for short-term trading
What signal will you wait for before you take action?
#OGN
Content is for reference only and does not constitute investment advice. DYOR.
After volume expands, I look at three things:
1) Price direction: both volume and price rise
2) Whether the volume expansion can be sustained—single-candle volume spikes are often just a pulse
3) The range during the volume expansion; it often becomes the key level for short-term trading
What signal will you wait for before you take action?
#OGN
Content is for reference only and does not constitute investment advice. DYOR.