Buy horizontal, buy the pit, don't buy vertical; the selling point is right at the boiling point. Continuous small rises indicate real gains, while continuous large rises signal the need to exit. A sharp drop with low trading volume is intimidation, while a slow drop with increasing volume means to withdraw quickly. A significant rise requires a pullback; avoid digging deep pits and making large purchases.
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"Classic Trading Volume Mnemonics"
Buy horizontal, buy the pit, don't buy vertical; the selling point is right at the boiling point.
Continuous small rises indicate real gains, while continuous large rises signal the need to exit.
A sharp drop with low trading volume is intimidation, while a slow drop with increasing volume means to withdraw quickly.
A significant rise requires a pullback; avoid digging deep pits and making large purchases.