Price-Volume Relationship Notes｜$GTC
A one-year high + 1.9× the average daily trading value technically qualifies as a “high-volume breakout.”
A new high on strong volume is more credible than one on declining volume, but a sudden surge in volume could also mean long-time holders are using the opportunity to exit. Watch the next few days: will trading remain above the daily average, or dry up after just one day?
#GTC
A one-year high + 1.9× the average daily trading value technically qualifies as a “high-volume breakout.”
A new high on strong volume is more credible than one on declining volume, but a sudden surge in volume could also mean long-time holders are using the opportunity to exit. Watch the next few days: will trading remain above the daily average, or dry up after just one day?
#GTC