Volume leads price. $UAI 1-hour volume ratio: 6.0, trading volume: $9.9 million, price: +46.88%.
A surge in volume accompanying the rally makes the trend more likely to continue if volume stays high over the next few periods.
Don’t get swept up by a single bullish candle; the closing price is a more reliable signal.
A surge in volume accompanying the rally makes the trend more likely to continue if volume stays high over the next few periods.
Don’t get swept up by a single bullish candle; the closing price is a more reliable signal.