$JCT 1 Hourly trading volume surged to 4.6 times the average, while the price fell 0.51%.
After a volume spike, there are generally three things to watch:
1) Price direction: volume up, price down
2) Whether the higher volume continues— a single volume spike is often a one-off
3) The range of the high-volume candlestick, which usually becomes a short-term dividing line
Which side are you on? Share your thoughts in the comments.
After a volume spike, there are generally three things to watch:
1) Price direction: volume up, price down
2) Whether the higher volume continues— a single volume spike is often a one-off
3) The range of the high-volume candlestick, which usually becomes a short-term dividing line
Which side are you on? Share your thoughts in the comments.