After thrusting off support of the 50 - day moving average on
heavier than average volume, $ AMD formed a bull flag continuation pattern.
$ JO first made our internal watchlist at the end of January, after rallying to close above the 40 - week moving average (similar to the 200 - day moving average) on
heavier than average volume.
That probe below two key support levels (which shakes out the «weak hands») was followed by yesterday's
heavier than average volume rally above the two - day high.
Not exact matches
Two weeks ago, the S&P Bank SPDR ETF ($ KBE) sliced through key, intermediate - term support of its 50 - day moving
average on
heavy volume, and has since been wedging higher on lighter
than average volume:
As exchange - traded funds, they have a large market capitalization and
heavy average volume — about $ 40 billion with
volume of around 9.2 million shares daily for the GLD, with a market capitalization of nearly $ 8 billion for the SLV with the
average number of shares traded between the opening and closing bells of more
than 10 million.