I am also one of the silent watchers and very green in terms of day trading so I apologise if by asking this question some people roll their eyes, but looking at the formula for determining illiquid stocks:
is it volume x EMA x (moving average of price)
OR
is it volumeEMA x (moving average)
Having trouble getting my numbers to make sense!
Cheers
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viphar's qna session with ipod and palz, page-50
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