No beating around the bush: after that 5-minute move just now, $Q was up +10.13%. My first instinct was to check the trading volume (24h: $50.42 million).
Why check volume first? I’ve been burned before: a rally on low volume is usually just a spike, and chasing it can leave you stuck at the top.
This rally is pretty big, so it’s easy to get caught up in the excitement. All the more reason to stay calm.
What do you usually look at first when you see a rally?
This is not investment advice. You are responsible for your own risk.
Why check volume first? I’ve been burned before: a rally on low volume is usually just a spike, and chasing it can leave you stuck at the top.
This rally is pretty big, so it’s easy to get caught up in the excitement. All the more reason to stay calm.
What do you usually look at first when you see a rally?
This is not investment advice. You are responsible for your own risk.