No hype, no bashing: $SOPH suddenly saw a surge in volume over the past hour, with trading volume 4.2 times the usual level and the price up 3.55%.
My approach is to ignore the first candle and wait for the second one after the volume surge: if it holds, that’s a real signal; if it doesn’t, it’s a one-off.
How do you usually handle a surge in volume?
My approach is to ignore the first candle and wait for the second one after the volume surge: if it holds, that’s a real signal; if it doesn’t, it’s a one-off.
How do you usually handle a surge in volume?