Your analysis on the AXAS volume is just fine. Some services
offer a percentage volume function that makes it even easier.
Often, volume will also come in simultaneous with a breakout.
The tough thing today is the large gap up in the market and
how much buying may remain. Currrently, AXAS is testing resistance
and may be forming a bull flag on the 5 minute chart.
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Hello Jeff: Your analysis on the
AXAS (new)
Posted by steve on 2nd of Aug 2010 at 10:35 am
Hello Jeff:
Your analysis on the AXAS volume is just fine. Some services offer a percentage volume function that makes it even easier. Often, volume will also come in simultaneous with a breakout. The tough thing today is the large gap up in the market and how much buying may remain. Currrently, AXAS is testing resistance and may be forming a bull flag on the 5 minute chart.