Reflections on Volume

Big volume without further upside equals distribution
Big volume without further downside equals accumulation

Volume tends to peak at turning points
Volume often precedes price movement
Volume is a relative study

Wednesday, July 28, 2010

Ivory Prop surges in Bursa debut

Ivory Properties Group Bhd, a Malaysian property developer, rose in its trading debut on the Kuala Lumpur stock exchange.

The stock climbed 22 per cent to RM1.22 at 9.02 am local time. The company sold shares at RM1 apiece in its initial public offer. - Bloomberg

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