This daily candle for the Shipping ETF is a bit steep.
$BWETon is currently at $638.67, up 9.39% over the past 24 hours. The page shows a 24h trading value of $74.59M. One token corresponds to 1 share of BWET, and the price has already approached the 52-week high listed on the page of $648.78.
I’ll first see whether it continues to push on volume, or whether divergence starts appearing at higher levels. Tokenized securities are not the same as directly holding the underlying ETF, and on-chain quotes may differ from the U.S. stock trading sessions.
For this kind of daily chart, do you watch the trading volume, or are you more focused on how close it is to the 52-week high?
$BWETon #bStocks #RWA
$BWETon is currently at $638.67, up 9.39% over the past 24 hours. The page shows a 24h trading value of $74.59M. One token corresponds to 1 share of BWET, and the price has already approached the 52-week high listed on the page of $648.78.
I’ll first see whether it continues to push on volume, or whether divergence starts appearing at higher levels. Tokenized securities are not the same as directly holding the underlying ETF, and on-chain quotes may differ from the U.S. stock trading sessions.
For this kind of daily chart, do you watch the trading volume, or are you more focused on how close it is to the 52-week high?
$BWETon #bStocks #RWA
