Trading volume is a key indicator of the potential
Post# of 32642
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Posted On: 07/31/2020 12:59:20 PM
Re: Jelloshots #20547
Trading volume is a key indicator of the potential for a security's price trend to change, Js, as well as the interest and enthusiasm demonstrated surrounding a particular equity.
Certainly, the PPS movement depends on a multitude of factors, but the significance of a dramatic change in volume, in either direction, can be a useful tool in forecasting an upcoming price shift.
When high volume continues for an extended period, as is the case with us, the chances for a SP trend reversal increases dramatically.
That's one ot the reasons I'm so excited by the recent surge in $VERB trading numbers, and also, why I'm not fazed by the current channel we reside in now....but, only for the time being!
Because of the continuing extended huge volume, and our new Russell Index membership inclusion, I fully expect a huge breakout when LIVE is officially launched, major integration is 8-K'd, or any major $VERB news hits the wires.
In our case, with the strong likelihood of a major $VERB development being released soon, the continued high volume would facilitate strong trading action...many eyes would be on the prize, and excitement over the great PR could very well skyrocket our cap and shareholder value.
My advise, for what little it's worth, would be don't worry, panic, or sell a single share.....rather, seriously consider increasing one's position if possible, and patiently ??? wait for our breakout...coming soon!
"Volume Before Price"...if I had a buck for every time I've said it, I'd buy another 5000 shares of our $VERB with it!
https://www.schwab.com/resource-center/insigh...-indicator
Certainly, the PPS movement depends on a multitude of factors, but the significance of a dramatic change in volume, in either direction, can be a useful tool in forecasting an upcoming price shift.
When high volume continues for an extended period, as is the case with us, the chances for a SP trend reversal increases dramatically.
That's one ot the reasons I'm so excited by the recent surge in $VERB trading numbers, and also, why I'm not fazed by the current channel we reside in now....but, only for the time being!
Because of the continuing extended huge volume, and our new Russell Index membership inclusion, I fully expect a huge breakout when LIVE is officially launched, major integration is 8-K'd, or any major $VERB news hits the wires.
In our case, with the strong likelihood of a major $VERB development being released soon, the continued high volume would facilitate strong trading action...many eyes would be on the prize, and excitement over the great PR could very well skyrocket our cap and shareholder value.
My advise, for what little it's worth, would be don't worry, panic, or sell a single share.....rather, seriously consider increasing one's position if possible, and patiently ??? wait for our breakout...coming soon!
"Volume Before Price"...if I had a buck for every time I've said it, I'd buy another 5000 shares of our $VERB with it!
https://www.schwab.com/resource-center/insigh...-indicator
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