Hi. Im new to this forum. Ive been reading a bit about technical analysis but there seems to be contradiction depending on the sources
When you see a price spike accompanied by high volume, some say it's buying. Cause the long up bar is supported by volume.
WHile some tape reading books by vadym graifer which says that a spike in volume with an up bar indicates smart money selling into the crowd and he says to look to sell into such a bar.
So i'm a bit confuse here. Can anyone help?? Thanks
When you see a price spike accompanied by high volume, some say it's buying. Cause the long up bar is supported by volume.
WHile some tape reading books by vadym graifer which says that a spike in volume with an up bar indicates smart money selling into the crowd and he says to look to sell into such a bar.
So i'm a bit confuse here. Can anyone help?? Thanks
Volume Price Question
