Look for Higher Highs (HH) and Higher Lows (HL) . This visual "staircase" signals that buyers are stepping in at higher price points every time the stock dips.
If a stock price is rising but the volume (the vertical bars at the bottom of the chart) is shrinking, the move is "running on fumes" and likely to fail. The Visual Investor: How to Spot Market Trends ...
A "breakout" on massive volume is a visual green light—it means the big institutional "whales" are jumping in with you. The Bottom Line Look for Higher Highs (HH) and Higher Lows (HL)