Monday, 29 December 2014
Quote for the day
“High volume at a key point is an extraordinarily valuable tip-off that a stock is ready to move. Volume can also be used in a reverse manner. When prices enter a consolidation after an advance, volume should dry up very substantially. In other words, there should be very little selling coming into the market. During a consolidation, declining volume is generally constructive.” - William O' Neill
Subscribe to:
Posts (Atom)