If the shares are bought in such high volumes then how are you taking short position , also RSI is almost near 60 which has highest possibility to stay above 60
ar_volumetrader
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@TEJZZ, Very high volume in uptrend is a sign of weakness which is further highlighted by long Upper wick of candle - this is high volume selling pressure not buying.
RSI is momentum based indicator, it will change its path based on price movement. RSI is derived from price, not the opposite.
powerfulMagpie4740
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Hi, in the volume section why there are sudden black candles, what it means, I know green & red, but what it means of black ?