japantrader
Newbie
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Hi,
I've been swing trading for a while and have started looking into day trading LSE stocks.
Looking at the 5min time frame stocks have drastically different behavior seemingly independent of volume. I always though low volume stocks were gappy on the lower timeframes, but for example a stock like KAZ with around 3m vol moves quite nicely, but ITV with a vol of around 20m is all over the place. Does anyone know why this occurs?
I've been swing trading for a while and have started looking into day trading LSE stocks.
Looking at the 5min time frame stocks have drastically different behavior seemingly independent of volume. I always though low volume stocks were gappy on the lower timeframes, but for example a stock like KAZ with around 3m vol moves quite nicely, but ITV with a vol of around 20m is all over the place. Does anyone know why this occurs?
