Volume is a leading indicator of price. $SOPH 1-hour volume ratio: 3.8; trading volume: $5.2 million; price: +10.51%.
Rising volume accompanying an upward move suggests that if the next few candlesticks continue to show high volume, the trend is more likely to continue.
A rise backed by volume is more likely to be sustained, so keep an eye on trading volume.
#SOPH
This may not be accurate, so don’t follow it blindly.
Rising volume accompanying an upward move suggests that if the next few candlesticks continue to show high volume, the trend is more likely to continue.
A rise backed by volume is more likely to be sustained, so keep an eye on trading volume.
#SOPH
This may not be accurate, so don’t follow it blindly.
