HTZ, AGN

[Dallas]

Thanks, Mike. One quick follow-up:

I can understand equating high float turnover with high demand in the context of a bullish view on a given security. Would the reverse be true in a bearish context?

[Mike]

Thanks, Mike. One quick follow-up:

I can understand equating high float turnover with high demand in the context of a bullish view on a given security. Would the reverse be true in a bearish context?

Oh yes, high demand / supply is also seen on stocks being sold off. Context is important which is one reason to analyze a base for proper price and volume action.