Hi guys, just posted this on the STT anyone thoughts or comment are greatly appreciated
Looking at current market conditions it's better to stay away (if going long) for a while and use the spare time learning.
Does anyone have any links or comments about volume price analysis?
I've been reading about this and watching videos but I can't still get it specially how to read a pump and dump compared to an actual start of a trend on volume breakout?
This first chart shows volume spikes late last year and price went up considerably only to drop even lower and fade away
![https://hotcopper.com.au/data/attachments/1338/1338444-9100672ee9dda0e45abaabdd59f45fb5.jpg](https://hotcopper.com.au/data/attachments/1338/1338444-9100672ee9dda0e45abaabdd59f45fb5.jpg)
This other one shows the volume spikes and as a start os a trend that now has reversed but ran for almost 4 months
![https://hotcopper.com.au/data/attachments/1338/1338445-444ebeec4de2ad39e6567efcd13a637a.jpg](https://hotcopper.com.au/data/attachments/1338/1338445-444ebeec4de2ad39e6567efcd13a637a.jpg)
Hoping to hear any thoughts or comments
Thanks