, 4 tweets, 2 min read Read on Twitter
[1] OBV can be used as an indicator to foresee future trends in the market. For example, an OBV that is rising faster than the rise in price could be predictive of the upcoming rise in prices of the stock. The rise and fall in the OBV indicator can also be compared to the moving
[2] average indicator to have a better view of the past price movements in comparison to the current prices. Another way to trade is to identify advanced breakouts and advanced breakdowns. In advance breakouts, the volume forms a higher high but the price does not.
[3] This difference is an indicator of price reversal as larger number of traders are trading at a lower price. This shows that the price will also have a higher high in the upcoming future. This is different that when the price has a higher high and the volume does not. This..
[4] is a non-confirmation of the trend and signals a reversal in trend. The last few days of Titan Cap show a rise in price and volume, indicating a further upward trend in the price of the stock until a non-confirmation/ divergence.
#OBV
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Anandita Jain
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!