Wednesday, August 25, 2010 2:31:22 AM
There are some great sites out there where you can learn more about technical analysis, reading charts and how important volume is when determining trends. Here is some great information from Yahoo! Finance site.
http://finance.yahoo.com/news/Use-Volume-To-Chart-A-Stocks-ibd-1529067484.html?x=0&.v=1
From Yahoo! Finance
When a stock is building a base, it can be OK to see some distribution on the left side as long as there's much better action in the days and weeks before the breakout. At the bottom of the base, you'd want to see light volume. The low turnover tells you that institutions have stopped unloading shares...
GLTA
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