$CLANKER 5-minute trading value rose to 12.8 times the average, with the price up 4.97%.
After a surge in volume, there are generally three things to watch:
1) Direction of the price move: rising price and volume
2) Whether the higher volume continues—a single volume spike can easily be a short-lived burst
3) The highs and lows during the high-volume period, which usually become key short-term levels
Which direction do you favor?
How you trade is up to you; I’m just sharing my thoughts.
After a surge in volume, there are generally three things to watch:
1) Direction of the price move: rising price and volume
2) Whether the higher volume continues—a single volume spike can easily be a short-lived burst
3) The highs and lows during the high-volume period, which usually become key short-term levels
Which direction do you favor?
How you trade is up to you; I’m just sharing my thoughts.
