Supply and Demand(1)
Our study of the greatest stock market winners validates what most investors understand.when demand for a stock outpaces supply, the price usually heads north.
The best way to measure a stock's supply and demand is by watching its daily trading volume.
When a stock rallies up in price, you want to see volume rise at the same time, which may represent institutional buying that can really power a stock's move.
When a stock pulls back in price, you want to see volume dry up indicating no significant selling pressure.
2007-11-21
CAN SLIM(9)
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