$CAP 1 The hourly trading value surged to 17.7 times its average, while the price fell 5.62%.
After a volume spike, there are generally three things to watch:
1) Price direction: downward
2) Whether the volume spike continues; a single spike is often a one-off
3) The range of the candlestick with the volume spike, which often becomes a short-term turning point
Anyone who knows their stuff care to weigh in?
Just keeping a record of market movements. Please make your own trading decisions.
After a volume spike, there are generally three things to watch:
1) Price direction: downward
2) Whether the volume spike continues; a single spike is often a one-off
3) The range of the candlestick with the volume spike, which often becomes a short-term turning point
Anyone who knows their stuff care to weigh in?
Just keeping a record of market movements. Please make your own trading decisions.