| PDF Title | : | Study Guide for Technical Analysis |
| Author | : | Martin J. Pring |
| Language | : | English |
| Publisher | : | McGraw Hill |
| Format | : | |
| Total Page | : | 225 Pages |
| PDF Size | : | 2.98 MB |
| PDF Link | : | Read and Download |
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“When volume falls and the price rises, the trend is suspect and usually results in a decline. While the odds favor such an outcome, there is certainly no guarantee that this will happen.
When the price rises from a selling climax on falling volume, this is normal. Since selling climaxes are normally bullish, this represents an exception.
Also, we find situations in the charts when the rising price/ falling volume rule does not work, even though this is the norm.”
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