Don't chase breakouts on HKEX without checking volume

Learned this the hard way trading HKEX last year. Saw a couple of the smaller caps, especially in the tech and green energy space, start ripping hard on the open. Looked like clear breakouts on the daily. My mistake was getting in without a second thought, assuming the momentum would carry. Got caught in a classic pump-and-dump. The volume was there on the initial spike, but it faded almost immediately, leaving me holding the bag as it retraced most of the move within the hour. Always, always check the sustained volume on Asian equities, especially the less liquid ones. Those initial spikes can be very misleading.