Thought Id start this thread as many have a view that increased volume must indicate strong bullish conditions.
Sometimes this is correct others not so correct.
I thought it might be of interest to go through some case studies to see if we cant identify the possible meaning of volume at specific points of Trades.
Here is example 1
What do you think will happen/happened and WHY?
No need to specify the stock as its about reading the volume and price action.