Volume & OBV
Indicators I
The lie detector
Volume is conviction: breakouts on high volume are real, on low volume are suspect. OBV keeps a running buy/sell tally. If OBV rises while price is flat, someone is quietly accumulating.
Indicators I
Volume is conviction: breakouts on high volume are real, on low volume are suspect. OBV keeps a running buy/sell tally. If OBV rises while price is flat, someone is quietly accumulating.
Price breaks out on the year's LOWEST volume. You…
A move nobody participated in has nobody to sustain it. Volume validates price.
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