Quick update for everyone: $WAL just rose +3.17% in the last 5 minutes. My first reaction was to check the volume ($24.94 million over 24h).
Why check volume first? I’ve been burned before: rallies on declining volume can quickly spike and then pull back, leaving you stuck if you chase them.
This time the momentum looks fairly healthy, so it’s worth keeping an eye on for a bit longer.
What do you usually look at first when you see a rally?
#WAL
Why check volume first? I’ve been burned before: rallies on declining volume can quickly spike and then pull back, leaving you stuck if you chase them.
This time the momentum looks fairly healthy, so it’s worth keeping an eye on for a bit longer.
What do you usually look at first when you see a rally?
#WAL