$GRASS 1 Hourly trading volume was about $6.39 million, 6.4 times the previous average; during the same period, the price fell 7.86%.
A beginner asks the million-dollar question: What does a surge in trading volume mean?
A spike in trading volume often occurs when news is released, a key level is broken, large orders enter or exit the market, or mass liquidations take place.
When trading volume rises at a low price level without the price continuing to fall, some people see it as a sign that buyers are stepping in. But this, too, needs to be confirmed by subsequent price action.
Learning to read indicators is easy; the hard part is sticking to your plan when the market is at its most volatile.
#GRASS
A beginner asks the million-dollar question: What does a surge in trading volume mean?
A spike in trading volume often occurs when news is released, a key level is broken, large orders enter or exit the market, or mass liquidations take place.
When trading volume rises at a low price level without the price continuing to fall, some people see it as a sign that buyers are stepping in. But this, too, needs to be confirmed by subsequent price action.
Learning to read indicators is easy; the hard part is sticking to your plan when the market is at its most volatile.
#GRASS