Let’s discuss this: $QQQB saw a sudden volume spike in the last 5 minutes—volume was 25.9 times the usual level, while the price stayed basically flat.
My approach is not to react to the first candle, but to wait for the second candle after the volume spike: if it holds, that’s the real direction; if it can’t hold, it’s just a blip.
How do you usually handle a volume spike?
It’s your money, so think it through before you act.
My approach is not to react to the first candle, but to wait for the second candle after the volume spike: if it holds, that’s the real direction; if it can’t hold, it’s just a blip.
How do you usually handle a volume spike?
It’s your money, so think it through before you act.