volume

[LK]

Does anyone know why PAN traded masive volumes yesterday?

[suki]

already 5mill today

[el_nino]

large up and down movements daily.... not sure why ???

[klapka]

surely the why is self evident and movement more down than up and down?

[Yakah]

Hi It's much easier to wait for a reaction on volume, meaning see what the effect is of all the volume. In this case it was a massive shake-out of weak holders to the strong holders. The Herd to the Money Changers. What confirms this is the very high volume on 28th Feb and then the next bar closing above the close of the previous (the very high volume bar)bar, it wipes out the previous bar's high as well. That's a two bar reversal. Check left and then you will also see the support (reaction, pivot, etc.) where prices turned higher previously. Anywhere back into the 200-230 (seeing that it is small cap) is buying. Good luck.