$SOXLB volume is 1.1x its weekly average and most traders read it totally wrong
A massive green candle with zero volume behind it is just noise waiting to fade
Look at the $45.8M traded today compared to that 1.1x baseline
That means actual capital is driving this push toward the $65.3200 high
A weak move prints price expansion without participation while real accumulation prints heavy bars
Open your chart and divide today volume by the seven day MA to check the ratio instantly
Open $SOXLB and set an alert at that level
Always demand volume confirmation before you trust a breakout
#SOXLB #TradingTips
A massive green candle with zero volume behind it is just noise waiting to fade
Look at the $45.8M traded today compared to that 1.1x baseline
That means actual capital is driving this push toward the $65.3200 high
A weak move prints price expansion without participation while real accumulation prints heavy bars
Open your chart and divide today volume by the seven day MA to check the ratio instantly
Open $SOXLB and set an alert at that level
Always demand volume confirmation before you trust a breakout
#SOXLB #TradingTips