RE: Beginners Questions
" The rising price, on volume, signifies more buying than selling pressure and the volume that there is an increase in interest. If little volume accompanied a rise then it would show that there was a lack of buying interest. "
Rising volume also means more people are willing to sell the stock as its price is going highter. If little volume accompanied a rise then it could also show that owners don't want to sell despite of the rising price, which is obviously a good signal.
" The book discusses simple (pages 13-14) MAs but the Mansfield charts use another form of weighted MA (page 25). "
Yes that's my issue, which one Stan uses ? and what kind of weighted MA is it on the Mansfield charts ?
thanks