$RLC 15-minute trading turnover surged to 16.2 times the average, while the price fell 0.48%.
After a volume surge, I look at three things:
1) Price direction: volume up, price down
2) Whether the volume surge continues— a single surge can easily be a one-off
3) The high and low of the surge candle, which usually become key short-term levels
How do you interpret this set of data?
After a volume surge, I look at three things:
1) Price direction: volume up, price down
2) Whether the volume surge continues— a single surge can easily be a one-off
3) The high and low of the surge candle, which usually become key short-term levels
How do you interpret this set of data?