Guys, I am interested in how you trade the spikes.
TZN jumped 40% yesterday on news but pretty low volume and the MD on the buy side is very thin.
INL jumped the other day with great volume and the buy side is GOOD. (I am in this one)
ADY jumped in january with good volume and good buy side MD but nothing since.
As a day trader (which I seem have resorted to increasingly lately) should you just wait and see what happens to each one or is there a "rule" on behaviour after spikes?
