Volume is the total buy and sell at the market of the day (if you choose day chart). What we can know with volume? Of course we can see at this time how many people in the world think to buy or sell that stock. If more people want to buy the stock, the price of the stock will grow up. Check this! You see what is going on when Volume buy more than Moving Average Exponential line? And now you can see about correlation SMA, stockhastic and volume. Feel options more science than gambling :D:D:D Ok! So simple to read the volume chart isn’t you? Just see what color of the bar, if red mean seller more than the buyer and will make the stock bearish outlook. If Blue mean seller losing their power to fight against buyer and buyer will make the stock going to the roof (bullish outlook). Remember to check the line Moving Average Exponential, if more than normal or more than Moving Average Exponential line, we can call this a signal, if normal you can’t say the signal. Sometimes appear a question “so, if we want to get buy or sell signal, we need to wait the volume more than Moving Average Exponential?” Of course no! Please check the others indicator to get more confidence to buy or sell.
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