$Q 1-hour trading volume was about $83.13 million, 7 times the previous average; the price rose 12.57% over the same period.
A question every beginner asks: what does a surge in volume actually indicate?
Minute-level volume spikes can be quite noisy. A spike in one or two candlesticks may just reflect a single large trade; sustained high volume over a period is more informative.
A sudden increase in volume only proves that trading has become more active; it doesn't tell you who won.
Don't place an order at the very moment the market is moving fastest. Wait for the candlestick to close before deciding.
Markets change quickly, so don't rush to conclusions.
A question every beginner asks: what does a surge in volume actually indicate?
Minute-level volume spikes can be quite noisy. A spike in one or two candlesticks may just reflect a single large trade; sustained high volume over a period is more informative.
A sudden increase in volume only proves that trading has become more active; it doesn't tell you who won.
Don't place an order at the very moment the market is moving fastest. Wait for the candlestick to close before deciding.
Markets change quickly, so don't rush to conclusions.