$CFX ｜1-hour volume surge: 19.1x｜Price down 5.32%
How should you interpret a surge in trading volume? Volume is often called the fuel for price movements: trends generally need sustained trading activity to continue, but this is an observation, not a rule.
After a one-off surge in volume, if trading activity quickly falls back, it is often just a brief spike. Sustained high volume is more noteworthy.
Don’t place orders during the most volatile minutes. Wait for the candlestick to close before assessing it.
#CFX
This is a summary of publicly available information. Please verify it yourself.
How should you interpret a surge in trading volume? Volume is often called the fuel for price movements: trends generally need sustained trading activity to continue, but this is an observation, not a rule.
After a one-off surge in volume, if trading activity quickly falls back, it is often just a brief spike. Sustained high volume is more noteworthy.
Don’t place orders during the most volatile minutes. Wait for the candlestick to close before assessing it.
#CFX
This is a summary of publicly available information. Please verify it yourself.