Chart Analysis
Volume: how much conviction
If price is 'how much', volume is 'how serious'. Read them together.
Volume is how many shares changed hands that day. If price tells you *what level* it traded at, volume tells you how many people actually backed that move.
Up dayDown dayBars below = volumeExample
Quick check
Price jumped hard, and volume was way above normal. What does that usually mean?
Reading chartsSTEP 3 / 4
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