$BTW 1-hour abnormal surge in trading volume: turnover was 4.8 times the average ($8.75 million), while the price rose 12.81% over the same period.
Rising volume and price is a fairly standard bullish breakout signal. The key is whether both can continue to rise; if volume fails to keep up, the risk of a pullback after the spike increases.
Rising volume and price is a fairly standard bullish breakout signal. The key is whether both can continue to rise; if volume fails to keep up, the risk of a pullback after the spike increases.
