im watching penny stocks, and one in aprticular such as avvw, how how the volume is rising so much everyday but the price of the stock is falling everyday.
whouldnt' the price follow the volume?
what would be expected to happen of this behavior?
sorry im still a newbie to the trading world, still learning
2006-12-01 18:36:23 · 3 answers · asked by yahoo 2 in Business & Finance ➔ Investing
Volume doesn't have anything to do with the direction of the price. Large volume and falling price means lots of people are buying and selling, and there are more sellers than buyers.
2006-12-01 19:10:48 · answer #1 · answered by Yardbird 5 · 1⤊ 0⤋
If the volume is increasing but the demand or actual purchase of those goods is not increasing or is falling, then the stock will go down.
2006-12-01 18:39:22 · answer #2 · answered by Johnny Z 2 · 2⤊ 0⤋
look charts for buy sell signal
on aptistock freeware
it is more helpful with volume
2006-12-01 19:17:50 · answer #3 · answered by dinu_pawar 5 · 0⤊ 1⤋