Technical note | $SNDKB | 5-minute trading volume up 21.9x | price up 1.61%
Definition: A surge in trading volume over a short period can often be incidental. A single candlestick with unusually high volume may simply reflect a one-off burst of trading; several consecutive high-volume candles are more convincing.
How to read it: Rising prices on high volume are often interpreted as an advance supported by trading activity, while falling prices on high volume are often seen as evidence of genuine selling pressure. But these are only rules of thumb.
With leveraged trading, first work out whether you can withstand the worst-case scenario, then consider what the signals are saying.
Definition: A surge in trading volume over a short period can often be incidental. A single candlestick with unusually high volume may simply reflect a one-off burst of trading; several consecutive high-volume candles are more convincing.
How to read it: Rising prices on high volume are often interpreted as an advance supported by trading activity, while falling prices on high volume are often seen as evidence of genuine selling pressure. But these are only rules of thumb.
With leveraged trading, first work out whether you can withstand the worst-case scenario, then consider what the signals are saying.
