To be honest, when $JCT just made this 5-minute move of +3.73%, the first thing I did was check the trading volume ($226 million over 24h).
Why check volume first? I’ve learned the hard way: rallies on declining volume often reverse after a spike, and if you chase them, you can get stuck holding the bag.
This gain looks fairly healthy, so it’s worth watching a little longer.
What do you usually look at first when you see a rally?
Why check volume first? I’ve learned the hard way: rallies on declining volume often reverse after a spike, and if you chase them, you can get stuck holding the bag.
This gain looks fairly healthy, so it’s worth watching a little longer.
What do you usually look at first when you see a rally?