Technical_Analysis_page_444

Technical | Analysis page 444 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

Chapter 18 Confirmation 415 Stock buyer-initiated volume (that which transacts at the ask) minus seller-initiated volume (that which transacts at the bid) has strong predictive ability for subsequent stock and option returns, but call or put net-buy volume has little predictive ability. (Chan,…