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candlestick indicator question...

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    candlestick indicator question...

    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...
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    #2
    Welcome to our support forums cmach123 - you also want to consider that when there's no buying interest anymore this move can be accomplished on low selling volume, too.

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