Volume-Price Notes｜$WAL
A 90-day high + 12.4× the average daily trading value is technically called a “high-volume breakout.”
A new high on strong volume is more reliable than one on shrinking volume, but an excessive spike in volume may also signal turnover near the highs. Watch the next few days: will trading stay above the daily average, or shrink after just one day?
Volume-price confirmation gives you probabilities, not answers.
#WAL
A 90-day high + 12.4× the average daily trading value is technically called a “high-volume breakout.”
A new high on strong volume is more reliable than one on shrinking volume, but an excessive spike in volume may also signal turnover near the highs. Watch the next few days: will trading stay above the daily average, or shrink after just one day?
Volume-price confirmation gives you probabilities, not answers.
#WAL