News Focus
News Focus
icon url

Stock

12/01/10 6:20 PM

#89 RE: lloyd20 #88

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.