Watching the price-volume relationship｜$LUMIA
A 60-day high + trading value 48.4 times the daily average is technically called a “high-volume breakout.”
A new high on strong volume is more reliable than one on declining volume, but a sudden surge in volume could also mean longtime holders are using the opportunity to exit. Watch the next few days: will trading stay above the daily average, or fall back after just one day?
#LUMIA
Make your own decisions about when to buy and sell. Don’t follow the crowd blindly.
A 60-day high + trading value 48.4 times the daily average is technically called a “high-volume breakout.”
A new high on strong volume is more reliable than one on declining volume, but a sudden surge in volume could also mean longtime holders are using the opportunity to exit. Watch the next few days: will trading stay above the daily average, or fall back after just one day?
#LUMIA
Make your own decisions about when to buy and sell. Don’t follow the crowd blindly.