$ASTER 15-minute trading volume was approximately $2.04 million, 5.1 times the previous average; over the same period, the price fell 0.68%.
Guys, what should we make of the spike in trading volume? Here’s the short version 👇
Trading volume is often called the fuel for market moves: trends usually need sustained volume to continue, but that’s a rule of thumb, not a law.
Don’t chase a move just because the volume is up by a certain multiple. High-volume periods are often more volatile, so keeping your position size smaller may be safer.
Understanding this indicator can help keep a single number from spooking you—it’s not a tool for pinpointing tops and bottoms.