$SKL 1-hour trading volume was approximately $20.92 million, 7 times the previous average; the price rose 2.28% over the same period.
A beginner’s honest question: How should you interpret a surge in trading volume?
Trading volume is often compared to fuel for the market: trends usually need ongoing volume to continue, but that’s an observation, not a rule.
A sudden increase in volume only proves that trading has become more active; it doesn’t prove who’s winning.
Before trading with leverage, first consider whether you can handle the worst-case scenario, then see what the signals say.
#SKL
Don’t treat this as a basis for making trades.
A beginner’s honest question: How should you interpret a surge in trading volume?
Trading volume is often compared to fuel for the market: trends usually need ongoing volume to continue, but that’s an observation, not a rule.
A sudden increase in volume only proves that trading has become more active; it doesn’t prove who’s winning.
Before trading with leverage, first consider whether you can handle the worst-case scenario, then see what the signals say.
#SKL
Don’t treat this as a basis for making trades.