Jotting this down: $VVV is up 3.14% in this 5-minute move. My first instinct was to check the volume ($53.8 million in 24h).
Why check volume first? I’ve been burned before: a rally without volume is usually just a spike, and if you chase it, you can end up holding the bag.
This move seems fairly measured, so it’s worth keeping an eye on it.
What do you usually look at first when you see a rally?
Why check volume first? I’ve been burned before: a rally without volume is usually just a spike, and if you chase it, you can end up holding the bag.
This move seems fairly measured, so it’s worth keeping an eye on it.
What do you usually look at first when you see a rally?