$SPCXB volume is 1.5x its weekly average. Most traders ignore this ratio and buy blindly
A pump without volume is just noise waiting to fade
When volume is high the move has actual weight behind it
Look at $SPCXB sitting at 161.4000 right now
It pushed up through the day and hit a 24h high of 162.0600
That is 96 percent of its daily range
The 24h volume came out to 44.7M
Divide that by the usual daily pace and you get the 1.5x surge
Check this ratio on your chart before taking any breakout
What is your minimum volume multiplier for a valid breakout
#SPCXB #TradingTips
A pump without volume is just noise waiting to fade
When volume is high the move has actual weight behind it
Look at $SPCXB sitting at 161.4000 right now
It pushed up through the day and hit a 24h high of 162.0600
That is 96 percent of its daily range
The 24h volume came out to 44.7M
Divide that by the usual daily pace and you get the 1.5x surge
Check this ratio on your chart before taking any breakout
What is your minimum volume multiplier for a valid breakout
#SPCXB #TradingTips