News Focus
News Focus
Followers 213
Posts 73537
Boards Moderated 0
Alias Born 03/01/2004

Re: lloyd20 post# 88

Wednesday, 12/01/2010 6:20:35 PM

Wednesday, December 01, 2010 6:20:35 PM

Post# of 1356
the bars on the left trace volume by price, the y axis, of the chart.

so it is a volume record by price level.

more traditional charts show volume by time period, the x axis, at the bottom of the chart.

These types of charts are useful to find places where people have bought a stock in the past, to help look for levels where people may buy again in the future. It helps see levels of support and resistance.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today