$CLANKER 90 hit a new daily high—did money flow in or out?
There are only two things we can be sure of: trading volume surged to 83.5 times the daily average, and the price broke above 17.52.
When volume and price move in the same direction, it generally means buyers have the upper hand. But large investors usually don't build positions in a single high-volume day, so what happens over the next few days when volume contracts and the price pulls back will be more telling.
What do you think comes next?
Don't treat this as a basis for trading decisions.
There are only two things we can be sure of: trading volume surged to 83.5 times the daily average, and the price broke above 17.52.
When volume and price move in the same direction, it generally means buyers have the upper hand. But large investors usually don't build positions in a single high-volume day, so what happens over the next few days when volume contracts and the price pulls back will be more telling.
What do you think comes next?
Don't treat this as a basis for trading decisions.