$CAP 1 Hourly trading volume rose to 4.1 times the average, while the price fell 0.5%.
After a surge in volume, I look at three things:
1) Price direction: volume up, price down
2) Whether the surge in volume can continue—single-bar spikes are often one-offs
3) The high and low of the high-volume candlestick, which often become a short-term dividing line
What reasons do you each have for being bullish or bearish?
#CAP
Volatility is high, so use leverage within your means.
After a surge in volume, I look at three things:
1) Price direction: volume up, price down
2) Whether the surge in volume can continue—single-bar spikes are often one-offs
3) The high and low of the high-volume candlestick, which often become a short-term dividing line
What reasons do you each have for being bullish or bearish?
#CAP
Volatility is high, so use leverage within your means.