Signs of a reversal coming due to Volume Exhaustion
This stock has been way too hot. Which is awesome, my calls printed every day this week. However, it's likely do to reverse, and this is due to possible volume exhaustion on the stock.
How to tell if the stock is approaching V.E.?
1- Gap up on the chart. From Tuesday to Wednesday the stock made a considerable gap up on the daily chart.
2- Huge spike in volume. Just look at the flipping volume. 224+ Million shares traded???? What????
3. Evening star candle on the daily (in this case its and inverted hammer....also bearish).
**Credit is due to I Heart Stocks channel on YouTube. Jack really knows what he's talking about and called this on yesterdays (Tuesday nights) AMD video.**
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