A note: Trading volume over $AGT 1 hours was approximately $5.2 million, 12.8 times the previous average; the price rose 7.23% over the same period.
People often ask how to interpret a surge in volume. This is how I see it.
Volume should be read alongside the candlestick chart: where the price closes and how long the upper and lower wicks are often tell you more than the volume itself.
I treat unusual trading volume as a signal worth paying attention to, not as a reason to jump straight into a trade. I let the candlesticks show me the direction.
Extreme readings often come with greater volatility. That’s when it’s even more important to reduce leverage rather than make a big bet.
#AGT
People often ask how to interpret a surge in volume. This is how I see it.
Volume should be read alongside the candlestick chart: where the price closes and how long the upper and lower wicks are often tell you more than the volume itself.
I treat unusual trading volume as a signal worth paying attention to, not as a reason to jump straight into a trade. I let the candlesticks show me the direction.
Extreme readings often come with greater volatility. That’s when it’s even more important to reduce leverage rather than make a big bet.
#AGT