$FET ｜1-hour volume surge 4.8x｜Price up 4.2%
How should a surge in trading volume be viewed? Volume surges usually appear when news comes out, a key level is broken, large orders are executed, or a wave of liquidations happens.
Whether volume expands during a breakout is often regarded as one of the bases for distinguishing a valid breakout from an invalid one: a move past the level without volume is more likely to fail.
All indicators are only summaries of what has already happened; the market may very well move in the opposite direction.
#FET
How should a surge in trading volume be viewed? Volume surges usually appear when news comes out, a key level is broken, large orders are executed, or a wave of liquidations happens.
Whether volume expands during a breakout is often regarded as one of the bases for distinguishing a valid breakout from an invalid one: a move past the level without volume is more likely to fail.
All indicators are only summaries of what has already happened; the market may very well move in the opposite direction.
#FET