cmach123
05-21-2009, 09:29 PM
This might be a simple question, nothing regarding programming..i'm a ninja trader user, people seem to help each other out, so I thought I could ask this question here.
If you take a look at the symbol 'cors', use a normal candlestick chart, you'll notice an up bar/uptick volume increase at the close, which sent the stock price up. After hours, there was a tiny down bar volume decrease, and the price dropped 10%, without any heavy volume.
The question is what happened? I thought in order for a price to drop, people have to sell, and there will be a noticeable increase of 'negative' volume...
If you take a look at the symbol 'cors', use a normal candlestick chart, you'll notice an up bar/uptick volume increase at the close, which sent the stock price up. After hours, there was a tiny down bar volume decrease, and the price dropped 10%, without any heavy volume.
The question is what happened? I thought in order for a price to drop, people have to sell, and there will be a noticeable increase of 'negative' volume...