This is the eBook version of the printed book.
This Element is an excerpt from Technical Analysis Plain and Simple: Charting the Markets in Your Language (9780137042012), by Michael N. Kahn, CMT. Available in print and digital formats.
Learn how to use the powerful insights revealed by market volume.
Volume is said to be the fuel that drives market moves. The more shares or contracts that change hands, the more committed the buyers and sellers, and the more important that period’s trading becomes. Think of it this way--the more active investors on both sides become, the more the market will represent mass psychology and the more efficient it will become in establishing value....