Sentences with phrase «declining volume right»
Not exact matches
Additionally, right before a stock breaks out and rockets higher, there is typically a period of volatility contraction and declining volume within the base of consolidation (learn about basing and consolidation patterns here).
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Drilling down to the shorter - term daily chart interval below, notice how the volume was heaviest on the decline from the top of the head to the bottom of the right shoulder.
As you can see by the 10 - week moving average of volume (the pink line on the volume bars above), volume has indeed been declining during the formation of the right shoulder.
The right - hand (secondary) axis, which plots the Fed purchase volume, is inverted so that the increase in bond - buying corresponds to a decline in the curve.