Aug. 2 at 5:45 AM
$HDSN Hudson Technologies...I'm not in but check this out!!!
It's so important to understand what exhaustion looks like.
Check out this chart it's another example of low volume days catching the bottom. The biggest runs came right after volume collapsed
Each major breakout happened after a drop in weekly volume (below 500K)
People love to buy when volume is high…
But smart money? They accumulate (or try to) when nobody’s looking , and the moment they can't hide the imbalance is exactly the low volume day(s)/week(s)....
The real breakout comes after the crowd gives up, and price can move freely, easier with less resistance.
I noticed three clean volume bottoms:
Oct 2020 – volume dries up →
$1.15 →
$3+ (around 300% gain in 8 months)
Oct 2021 – same play →
$3.38 →
$6+ in (6 months, almost 100%)
Or you could have held for 7months for
$10 (almost 200%)
Interesting stuff!!
$SPY $QQQ 🦊🦊🦊
