Wow there is really no need for me to reply since rp and
paradigm hit the nail on the head but volume can be tricky.
You want volume yet some traders will say too much volume on a
breakout shows exhaustion of the trend. It can be subjective
and dare I say sometimes a guess. In AVY's case with a minor
upgrade and the size of the company it's reasonable that they
wouldn't show an explosion of volume where a smaller cap I
sometimes expect it. I hope I will better share as we
continue posting what I look for and that helps you.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Wow there is really no
AVY - Watch List
Posted by tom on 20th of Aug 2009 at 10:45 am
Wow there is really no need for me to reply since rp and paradigm hit the nail on the head but volume can be tricky. You want volume yet some traders will say too much volume on a breakout shows exhaustion of the trend. It can be subjective and dare I say sometimes a guess. In AVY's case with a minor upgrade and the size of the company it's reasonable that they wouldn't show an explosion of volume where a smaller cap I sometimes expect it. I hope I will better share as we continue posting what I look for and that helps you.