$STX 1-hour trading volume expanded to 8.9 times the average, with the price up +6.45%.
After a volume surge, I look at three things:
1) Price direction: upward
2) Whether the volume surge can continue; a single volume spike can easily be a one-off
3) The range of the high-volume candlestick, which often becomes a key short-term level
Will the market change direction later?
#STX
After a volume surge, I look at three things:
1) Price direction: upward
2) Whether the volume surge can continue; a single volume spike can easily be a one-off
3) The range of the high-volume candlestick, which often becomes a key short-term level
Will the market change direction later?
#STX