Buy horizontal, avoid vertical; sell at the peak. Continuous small increases are real increases, while continuous large increases require exiting the market. A sharp drop with low volume is intimidation; a slow drop with high volume means to withdraw quickly. A significant rise needs to pull back, avoid deep pits and large purchases.
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Classic Trading Volume Mnemonic
Buy horizontal, avoid vertical; sell at the peak.
Continuous small increases are real increases, while continuous large increases require exiting the market.
A sharp drop with low volume is intimidation; a slow drop with high volume means to withdraw quickly.
A significant rise needs to pull back, avoid deep pits and large purchases.