Buy horizontal, buy the pit, do not buy vertical; the selling point is at the boiling point. Continuous small rises are real rises, while continuous large rises require exit. A sudden drop with no trading volume is a scare tactic; a slow decline with increased volume means to withdraw quickly. A significant surge requires a pullback; do not dig deep pits and do not buy heavily.
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"Classic Trading Volume Mnemonics"
Buy horizontal, buy the pit, do not buy vertical; the selling point is at the boiling point.
Continuous small rises are real rises, while continuous large rises require exit.
A sudden drop with no trading volume is a scare tactic; a slow decline with increased volume means to withdraw quickly.
A significant surge requires a pullback; do not dig deep pits and do not buy heavily.