Volume & Price Notes | $Q
A one-year high + 3.2× the average daily trading value is technically called a “breakout on heavy volume.”
A high on heavy volume is more convincing than one on shrinking volume, but a sudden surge in volume could also mean shares are changing hands near a peak. Watch the next few days: will trading volume stay above average, or quickly dry up?
A one-year high + 3.2× the average daily trading value is technically called a “breakout on heavy volume.”
A high on heavy volume is more convincing than one on shrinking volume, but a sudden surge in volume could also mean shares are changing hands near a peak. Watch the next few days: will trading volume stay above average, or quickly dry up?