Just thinking out loud: $AKE was up 8.3% in the past hour. My first reaction was to check the trading volume ($182 million over 24h).
Why check volume first? I've been burned before: a rally without volume is usually just a spike, and if you chase it, you get trapped.
This rally is pretty substantial, so it's easy to get caught up in FOMO—which makes it all the more important to stay calm.
What do you usually look at first when you see a rally?
Why check volume first? I've been burned before: a rally without volume is usually just a spike, and if you chase it, you get trapped.
This rally is pretty substantial, so it's easy to get caught up in FOMO—which makes it all the more important to stay calm.
What do you usually look at first when you see a rally?