wn because it obvious that everyone else wants to own it too. This upward movement on increasWhen a stock takes off or breaks out of a bullish formation you must have a 50% or more increase in volume to validate the move. This works just like the thrusters on the space shuttle. The greater the volume, the greater the thrust to propel a stock higher! You always want to see that surge of buying in a stock. It validates your opinion that it is a stock you want to own because it obvious that everyone else wants to own it too. This upward movement on increasease in volume to validate the move. This works just like the thrusters on the space shuttle. The greater the volume, the greater the thrust to propel a stock higher! You always want to see that surge of buying in a stock. It validates your opinion that it is a stock you want to own because it obvious that everyone else wants to own it too. This upward movement on increasThe greater the volume, the greater the thrust to propel a stock higher! You always want to see that surge of buying in a stock. It validates your opinion that it is a stock you want to own because it obvious that everyone else wants to own it too. This upward movement on increase that surge of buying in a stock. It validates your opinion that it is a stock you want to own because it obvious that everyone else wants to own it too. This upward movement on increaswn because it obvious that everyone else wants to own it too. This upward movement on increased volume creates momentum which pushes the stock high and in turn brings in more buyers.

The same holds true for the market. The only way to confirm if the price action you are seeing is real is to see if you have a huge increase in volume to confirm it.

According to Bill O’Neil, founder of IBD, you would like to see a 1% or greater move in the market average