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Alias Born | 08/29/2007 |
Tuesday, November 14, 2017 8:58:52 PM
Today's volume of 574K was slightly more than Monday's turnover. The number of transactions however, increased. The average trade size was just under 800 shares.
Most of today's turnover was in the morning, when the price dropped steadily until about 11:30 when it rallied off the LOD to trade more or less sideways for the rest of the session.
After roughly 3 days of decline it wouldn't be out of bounds to assume a reversal will take place throughout the remainder of the week.
The 10 day chart of price/volume in 15 minute intervals indicates swing trades can be profitable.
The Nasdaq's third tier, the AMEX can be just as bad, and last but not least, the OTC, it seems, are financial venues that reward failure.
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