Volume is a leading indicator of price. The $VVV 1-hour volume ratio is 4.5, trading volume is $6.5 million, and the price is up 7.99%.
A surge in volume accompanying a rally—and high volume over the next few candlesticks—makes the trend more likely to continue.
After a run-up, protecting your profits is harder than chasing a little more.
A surge in volume accompanying a rally—and high volume over the next few candlesticks—makes the trend more likely to continue.
After a run-up, protecting your profits is harder than chasing a little more.