Hello.
Im new to the forum but old as far as the stock market goes.
Im wondering if anyone can refer me to posts or threads relating to looking at stocks that have made above average volume on day 1 with a view to opening long/short (if the previous day has been a large move up/down) on day 2.
I have seen a lot of evidence to show me that often a high volume price move continues in the same direction the following day but most of the moves are incredibly volatile and occur often in illiquid stocks.
Has anyone got a tried and tested method for approaching this high-wire strategy?
Cheers
Gavin
Im new to the forum but old as far as the stock market goes.
Im wondering if anyone can refer me to posts or threads relating to looking at stocks that have made above average volume on day 1 with a view to opening long/short (if the previous day has been a large move up/down) on day 2.
I have seen a lot of evidence to show me that often a high volume price move continues in the same direction the following day but most of the moves are incredibly volatile and occur often in illiquid stocks.
Has anyone got a tried and tested method for approaching this high-wire strategy?
Cheers
Gavin
