$ONE 1Hourly trading value surged to 4.8 times the average, with the price up 0.9%.
After a surge in volume, there are usually three things to watch:
1) Price direction: both volume and price are rising
2) Whether the high volume continues—a single spike is often just a blip
3) The high and low of the high-volume period, which often become key short-term levels
What’s your take on this level?
After a surge in volume, there are usually three things to watch:
1) Price direction: both volume and price are rising
2) Whether the high volume continues—a single spike is often just a blip
3) The high and low of the high-volume period, which often become key short-term levels
What’s your take on this level?
