Volume Warned of Apple's Drop

Volume analysis has played an important role in my analysis for over 30 years. It can be traced back to my discovery in the late 1970s of the late Joe Granville’s book New Strategy of Daily Stock Market Timing for Maximum Profit. In this book he wrote “stocks do not rise in price unless demand exceeds supply. Demand is measured in volume and thus volume must precede price.” Over the years, I have explored the OBV in more detail and written extensively about multiple time...

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