Replies to post #625 on Emblem Cannabis (EMC)

[Diogenes of Sinope]

It’s important that all trade within their own comfort levels and beliefs.

I’m fine and will be here to be a part of what the future may hold.

GL!

[growacet]

Price volume movement....

Longer term I believe it pays to note what volumes are doing with price moves...are days with higher volume more prone to be + for the PPS or -?

You can chart it using OBV, short for On Balance Volume.

The idea is that a move on bigger volume is more significant than a move with comparatively smaller volume. For example, if the PPS jumps from $1.75 to $1.80 on volume of 4 million and then goes down from $1.80 to $1.70 but on volume of just 2 million....the move up is said to have double the weight of the move down.

Of course a lot of retail investors focus more on the PPS than on the volumes being traded.