ASX: FAL Charting, page-258

Hi Gruntov. Yeah, I like to see more volume on the upswings. Suggests there is more intent in the buying than the selling (Other TA enthusiasts may have a more technical description than this). "Drifting lower on low volume" is a phrase I often read. Suggests sellers are unsure of their position or lack conviction either way. There is an indicator called On Balance Volume (OBV) which I think measures this. BTW this is only a 5 minute chart - this whole calm picture could change instantly if someone hits the Sell button.