Notes on Price-Volume Relationships|$FLUID
A six-month high + trading value 19.3 times the daily average—technically, a “breakout on heavy volume.”
A new high on heavy volume is more credible than one on shrinking volume, but a sudden surge in volume could also mean long-time holders are taking the opportunity to exit. Watch the next few days: can trading stay above the daily average, or will it quickly fall back?
Price-volume confirmation is only a probability, not a definitive conclusion.
Just a note, not investment advice.
A six-month high + trading value 19.3 times the daily average—technically, a “breakout on heavy volume.”
A new high on heavy volume is more credible than one on shrinking volume, but a sudden surge in volume could also mean long-time holders are taking the opportunity to exit. Watch the next few days: can trading stay above the daily average, or will it quickly fall back?
Price-volume confirmation is only a probability, not a definitive conclusion.
Just a note, not investment advice.
