Today we will analyze if volume on its own is enough to drive a stock higher or if volume combined with other factors are necessary for future price increase.
Today we will analyze if volume on its own is enough to drive a stock higher or if volume combined with other factors are necessary for future price increase.
Volume precedes price, meaning that the loss of upside pressure in an uptrend or downside pressure in a downtrend actually shows up in the volume figures before it is manifested in a reversal of the price trend.