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Tuesday, 02/07/2017 5:36:09 PM

Tuesday, February 07, 2017 5:36:09 PM

Post# of 13668
Hummm...Longest consecutive daily volume streak in years !

"The basic theory is this: if price and volume are moving in the same direction, the trend of the stock price will continue. If they are running counter to each other, the trend will reverse.
The best-case scenario is one when volume surges without an accompanying surge in price. That typically means the buyers of a stock are more aggressive than the sellers. And once they take out the last shares the sellers have, the price just pops. It is difficult, if not impossible, to time the minute of the day when the stock will make its move. But when you see this combination of sideways price movement, an increase in volume trends, and an increase in on-balance volume, that typically means the stock are heading higher, "