Breakout with volume vs without volume

Discussion in 'Technical Analysis' started by qll, Oct 10, 2007.

  1. qll


    UDo you use Time confirmation, Volume confirmation to confirm a breakout?

    I usually read tapes and use time confirmation to see how long it will stay above resistance to confirm it. The bad part is that once time confirms it, it is already far from the resistance.

    I tried to use volume. Often than not, high volume meas real breakout. However, i see many cases, breakouts have little volume.

    From what I see is that:

    for bullish breakout:
    breakout with volume: bull is active
    breakout without volume: bear is simply dried up.