Buy horizontal, buy the pit, do not buy vertical; the selling point is right at the boiling point. Continuous small increases are real increases; continuous large increases require exit. A sudden drop with low volume is intimidation; a gradual drop with increasing volume means to withdraw quickly. A significant surge requires a pullback; avoid digging deep holes and making large purchases.
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Classic Trading Volume Formula
Buy horizontal, buy the pit, do not buy vertical; the selling point is right at the boiling point.
Continuous small increases are real increases; continuous large increases require exit.
A sudden drop with low volume is intimidation; a gradual drop with increasing volume means to withdraw quickly.
A significant surge requires a pullback; avoid digging deep holes and making large purchases.