$HOT hits a six-month high (previous high: 0.0004973 → current price: 0.000536), with trading volume reaching 22.8 times the daily average.
My three stages when I see a new high on heavy volume:
1. “Probably another fake breakout.”
2. “Volume’s 22.8 times higher—maybe there’s something to this?”
3. “I’ll wait for a pullback.” — And then I just kept waiting.
When did you feel that impulse this week?
For discussion purposes only. Trade at your own risk.
My three stages when I see a new high on heavy volume:
1. “Probably another fake breakout.”
2. “Volume’s 22.8 times higher—maybe there’s something to this?”
3. “I’ll wait for a pullback.” — And then I just kept waiting.
When did you feel that impulse this week?
For discussion purposes only. Trade at your own risk.
