"You came out earlier this week saying building volume with falling prices was a good thing. Ideally, volume in a retracement should be dropping, as sellers dry up. If price is falling and volume is building, that holds a negative connotation, more sellers means the price can only go in 1 direction."
Sorry Freo, I don't remember saying building volume with falling prices was a good thing? In fact I don't even know what that statement is supposed to mean.
Perhaps my gut is affected by this bout of flu...
I was saying 40s is on the card because of the world market activity which is beyond our control.
- Forums
- ASX - By Stock
- RES
- volume building
volume building, page-10
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RES (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online