Volume spread analysis is a technique used to identify possible changes in the direction of the stock market. It does this by looking at the volume of up days and down days and comparing them.

High volume appeared in Genting chart today with upbar. Is this the sign of change of trend is coming soon ?

1. High volume with change of trend is a sign that the stock market is about to make a big move.
2. A period of consolidation in which prices move sideways profits and prepare for the next advance (reaccumulation stage)
3. Removal of weakhand-holders happened during the shakeout

Below is the recording video

https://youtu.be/0XRBrN1CUPo

Disclaimer

This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock