Volume is a leading indicator of price. $INIT 5-minute volume ratio: 10.9, trading volume: $1.09 million, price: +0.86%.
Volume is up while price movement is modest, suggesting buyers and sellers are building momentum. Watch for the next directional move.
Rising prices accompanied by volume are more likely to be sustained, so keep a close eye on trading volume.
#INIT
I get it wrong sometimes too, so don’t take this as advice.
Volume is up while price movement is modest, suggesting buyers and sellers are building momentum. Watch for the next directional move.
Rising prices accompanied by volume are more likely to be sustained, so keep a close eye on trading volume.
#INIT
I get it wrong sometimes too, so don’t take this as advice.