MONEY GLOBE XReading Charts ยท Lesson 5
Volume
The strength behind a move
Members
In this lesson
Use volume to judge whether a move has real participation behind it, and spot weak breakouts.
Key takeaways
- Volume measures how much was traded in each period.
- Moves on rising volume have more participation behind them.
- Breakouts on low volume are more likely to fail (fake-outs).
- Compare volume with its own recent average, not with other markets.
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Next lesson: Chart patterns
Educational information only - not financial advice.