Relationship between Trend Line and Volume

Today we will discuss about relationship between Trend Line and Volume. We know trend line works as a support and resistance of a share. And if the price breaks the trend line it must be confirmed by the volume. Without large volume price cannot breaks the trend line. Look at the image. We have seen a downtrend rally was continuing. When price breaks the trend line for the first time it confirmed by the volume and it continued to increase. So here volume is very important incase of break out a trend line. sometime a trend line can show you wrong signals but you need to observe it very carefully. - See more at: http://stocks-basics.blogspot.com/2016/11/relationship-between-trend-line-and.html#sthash.IuMz5oAe.dpuf