Wednesday, 11 February 2015

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

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