But Vad is saying in terms of smart monies. Of course there's heavy buying and heavy selling. Cause his rationale is that when the price goes up, it is where the smart monies can unload the stocks. And with spike in volume it means smart monies are involved
Hi. Im new to this forum. Ive been reading a bit about technical analysis but there seems to be contradiction depending on the sources
When you see a price spike accompanied by high volume, some say it's buying. Cause the long up bar is supported by volume.
WHile some tape reading books by...