$KOMA ｜15-minute volume surged 19.3x｜price rose 7.68%
Before looking at positions, first understand trading volume.
A surge in volume often occurs when news is released, a key price level is breached, large orders are executed, or mass liquidations take place.
When volume rises at low levels but the price doesn't make a new low, some people interpret it as a sign of buying support, but this also needs to be confirmed by subsequent candlesticks.
The same reading can mean very different things in different market conditions, so don't apply a single rule blindly.
Before looking at positions, first understand trading volume.
A surge in volume often occurs when news is released, a key price level is breached, large orders are executed, or mass liquidations take place.
When volume rises at low levels but the price doesn't make a new low, some people interpret it as a sign of buying support, but this also needs to be confirmed by subsequent candlesticks.
The same reading can mean very different things in different market conditions, so don't apply a single rule blindly.