For the record: the trading value during minute $PENGU 5 was about $1.14 million, 12.4 times the previous average; over the same period, the price fell 0.32%.
People often ask what trading volume means. Here’s how I understand it.
Trading volume is often called the fuel for market movements: sustained moves usually need sustained trading activity to support them, but this is an observation, not a rule.
Whether trading activity picks up during a breakout is often considered one factor in judging whether it’s genuine or false: a move through resistance on low volume is more likely to fail.
Cross-checking several indicators is more prudent than relying on just one, but even more signals can’t provide certainty.
#PENGU
Volatility is high. Manage your position size carefully.
People often ask what trading volume means. Here’s how I understand it.
Trading volume is often called the fuel for market movements: sustained moves usually need sustained trading activity to support them, but this is an observation, not a rule.
Whether trading activity picks up during a breakout is often considered one factor in judging whether it’s genuine or false: a move through resistance on low volume is more likely to fail.
Cross-checking several indicators is more prudent than relying on just one, but even more signals can’t provide certainty.
#PENGU
Volatility is high. Manage your position size carefully.