$OGN 15-minute trading volume was approximately $3.33 million, 5.1 times the previous average; during the same period, the price fell 0.42%.
I used to think high trading volume meant more buyers. It took me a while to understand: a spike in volume means trading was more active during that period—every buy is matched by a sell. What really matters is whether the price rises or falls on that volume spike, and where it ends up.
Understanding this indicator is about being less misled by a single number, not using it to predict price movements.
#OGN
I used to think high trading volume meant more buyers. It took me a while to understand: a spike in volume means trading was more active during that period—every buy is matched by a sell. What really matters is whether the price rises or falls on that volume spike, and where it ends up.
Understanding this indicator is about being less misled by a single number, not using it to predict price movements.
#OGN