$CAP 1 hourly trading volume expanded to 4.2 times the average, price -2.12%.
After a volume surge, generally look at three things:
1) Price direction: downward
2) Whether the increased volume can be sustained; a single spike is often one-time
3) The range of the high-volume candlestick, which usually becomes a key short-term level
Anyone who understands, please share your thoughts?
#CAP
Just a little note, not an investment recommendation.
After a volume surge, generally look at three things:
1) Price direction: downward
2) Whether the increased volume can be sustained; a single spike is often one-time
3) The range of the high-volume candlestick, which usually becomes a key short-term level
Anyone who understands, please share your thoughts?
#CAP
Just a little note, not an investment recommendation.