Volume leads price. The $US 1-hour volume ratio is 8.2, with $18.39 million traded and the price up 12.5%.
Rising volume alongside an upward move suggests the trend is more likely to continue if volume stays high over the next few periods.
First, see whether it can hold steady. Only then should we talk about the next leg.
This view could be wrong at any time. You are responsible for your own gains and losses.
Rising volume alongside an upward move suggests the trend is more likely to continue if volume stays high over the next few periods.
First, see whether it can hold steady. Only then should we talk about the next leg.
This view could be wrong at any time. You are responsible for your own gains and losses.