Volume surged 3.9x over $SNDKB 1 hours, while the price remained almost unchanged at 1337.83.
After the volume spike, if volume quickly contracts again, this was probably just a brief pulse.
A genuine breakout is usually accompanied by a surge in volume, while a false breakout often happens on low volume. This is one of the indicators I pay close attention to.
Just my personal take; I may be wrong, so please use caution.
After the volume spike, if volume quickly contracts again, this was probably just a brief pulse.
A genuine breakout is usually accompanied by a surge in volume, while a false breakout often happens on low volume. This is one of the indicators I pay close attention to.
Just my personal take; I may be wrong, so please use caution.