Volume leads price. The volume ratio at $ICNT 1 hours is 9.7, with $8.12 million traded and the price up 2.54%.
A surge in volume accompanying the advance suggests the trend is more likely to continue if elevated volume persists over the next few periods.
The first pullback after a sharp rally is the best test of the strength of buying demand.
A surge in volume accompanying the advance suggests the trend is more likely to continue if elevated volume persists over the next few periods.
The first pullback after a sharp rally is the best test of the strength of buying demand.