Quick take on capital flows: $JCT — down 5.59% in 15 minutes
To assess the quality of the selling, I’d first watch for two things:
· Whether large sell orders are appearing in clusters during the decline
· Whether large buy orders step in after the price drops to a low
For comparison: 24h trading volume is $112 million, up 19.85%. If both conditions are met, it’s often a shakeout; if only the first is met, beware of further selling pressure.
#JCT
This is not investment advice.
To assess the quality of the selling, I’d first watch for two things:
· Whether large sell orders are appearing in clusters during the decline
· Whether large buy orders step in after the price drops to a low
For comparison: 24h trading volume is $112 million, up 19.85%. If both conditions are met, it’s often a shakeout; if only the first is met, beware of further selling pressure.
#JCT
This is not investment advice.