$TRUMP 5-minute trading turnover rose to 13.7 times the average, while the price fell 0.76%.
After a volume spike, I look at three things:
1) Price direction: volume up, price down
2) Whether the higher volume can be sustained—a single volume spike is often a one-off
3) The range during the volume spike, which usually becomes a key short-term level
What kind of confirmation are you waiting for before making a move?
After a volume spike, I look at three things:
1) Price direction: volume up, price down
2) Whether the higher volume can be sustained—a single volume spike is often a one-off
3) The range during the volume spike, which usually becomes a key short-term level
What kind of confirmation are you waiting for before making a move?