Price-Volume Mnemonic Seven Sentences:

At low prices with no volume, wait and wait. Even if you wait wrong, still wait.
At high prices with no volume, hold and hold. Even if you hold wrong, still hold.
At low prices with volume expansion, follow and follow. Even if you follow wrong, still follow.
At high prices with volume expansion, run and run. Even if you run wrong, still run.
Volume increases and price rises, buy in. Volume increases and price falls, sell out.
Volume increases and price stays flat, turn bearish. Volume stays flat and price rises, add positions.
Finally, volume stays flat and price drops, exit the position. Volume decreases and price rises, hold on.