$SUI The 5-minute turnover rose to 9.8 times its average, while the price fell 0.32%.
After a surge in volume, there are usually three things to watch:
1) Price direction: downward
2) Whether the elevated volume continues— a single spike in volume is often a one-off
3) The high and low of the period with elevated volume; they usually become short-term turning points
If the trend reverses next, how would you respond?
After a surge in volume, there are usually three things to watch:
1) Price direction: downward
2) Whether the elevated volume continues— a single spike in volume is often a one-off
3) The high and low of the period with elevated volume; they usually become short-term turning points
If the trend reverses next, how would you respond?