
Technical | Analysis page 288 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
Chapter 13 Breakouts, Stops, and Retracements 259 Volume Increased volume of trading often occurs with a breakout. Heavier trading demonstrates that other market players are acting in the direction of the new trend and that there is sufficient power behind the penetration. Jiler (1962), however,…