Wednesday, October 5, 2011

Relation of Price and Volume : Part 4

 
Price goes up with large volume : When price goes up with large volume, we theoretically say that there are increased of new buyers (greed) to replace the old sellers (fear).  Not only that, most of the time these new buyers are paying a higher price to buy this share and the old sellers are asking for more premium to sell that share. This is a good sign, especially for breakout of resistance. by JC

No comments:

Post a Comment