Buy horizontal, buy dips, do not buy vertical; the selling point is at the boiling point. A continuous small rise is a real rise; a continuous large rise means it's time to exit. A sudden drop with no volume is intimidation, while a slow drop with increasing volume means to withdraw quickly. A significant rise requires a pullback; don't dig deep into the pit and don't buy heavily.
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"Classic Trading Volume Mnemonic"
Buy horizontal, buy dips, do not buy vertical; the selling point is at the boiling point.
A continuous small rise is a real rise; a continuous large rise means it's time to exit.
A sudden drop with no volume is intimidation, while a slow drop with increasing volume means to withdraw quickly.
A significant rise requires a pullback; don't dig deep into the pit and don't buy heavily.