$TIA With this move to a six-month high, is money actually flowing in or out?
Two things are clear: trading volume rose to 2.1 times the daily average, and the price broke above 0.6332.
When volume and price move in the same direction, it generally suggests buyers are in control. But large investors usually don’t finish building a position in a single high-volume day, so how well the price is supported on pullbacks over the next few days matters more.
Are you convinced by this signal?
This is a personal opinion, not specific investment advice.
Two things are clear: trading volume rose to 2.1 times the daily average, and the price broke above 0.6332.
When volume and price move in the same direction, it generally suggests buyers are in control. But large investors usually don’t finish building a position in a single high-volume day, so how well the price is supported on pullbacks over the next few days matters more.
Are you convinced by this signal?
This is a personal opinion, not specific investment advice.