Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Scrumpy who wrote (39590)	5/12/1999 12:01:00 PM
From: Jenna	Read Replies (2) \| Respond to of 120523

Volume..that depends on the stock.. for instance usually if a stock is consolidating or even down on low volume, I'm not too worried because it could be a sign the selling pressure is abating. If its down on high volume, I'd worry. YHOO was on the watch list yesterday and I did a detailed chart because I was impressed that the on balance volume was so high, meaning that the volume for the 'up trending ticks' for the intraday chart was on much higher volume than the down trending ones.. also when volume is about 150% more than 30 day average volume on a breakout that lends confirmation to the breakout. But low volume and huge price movement is a little rarer, at least for my kind of stocks. I saw it on MACR, and EFII and I entered anyhow but the there was no 'huge' price movement just a point or two. Also is this low volume average for the stock? NSOL sometimes moves on low volume as does GCTY.. Sometimes a stock will move a lot after a good earnings report on low volume, but usually the volume invariably picks up after a time. But since higher than average volume is an integral part of my trading strategy, I've not paid too much attention to low volume to enter trades but rather as one of the signals to LEAVE a trade.