The 15-minute drop in stock $LSK was quite decisive. While the -1.74% drop isn't large, the volume of 1.63 times the base and the volatility Z of 2.75, coupled with the closing price breaking below the lower edge of nearly 20 5-minute trading ranges, indicate a genuine breakdown in the short-term structure.
More interestingly, the OI (On-the-Spot Index) shows a 15-minute -0.18% change, while the 1-hour chart shows a +0.59% change, with both nominal changes being negative. This isn't the typical short-selling strategy; it resembles a long position deleveraging, with strong signs of stop-loss orders and passive position reduction. The active trading volume difference is -14.4%, and the buy-sell ratio is 0.75, indicating a clear bias towards selling pressure.
The stock is at the 84.1% abnormal percentile, ranking as anomaly#28and nominal change #25. While not among the most explosive, it's still worth watching. The 24-hour trading volume is still 287.70 million, indicating decent liquidity. If the price continues to fall, the question is where the support will be.
My current view is: this isn't panic selling, it's a contraction of positions. Let's see when this deleveraging stops before rushing to buy. Wait for the selling pressure to subside.
More interestingly, the OI (On-the-Spot Index) shows a 15-minute -0.18% change, while the 1-hour chart shows a +0.59% change, with both nominal changes being negative. This isn't the typical short-selling strategy; it resembles a long position deleveraging, with strong signs of stop-loss orders and passive position reduction. The active trading volume difference is -14.4%, and the buy-sell ratio is 0.75, indicating a clear bias towards selling pressure.
The stock is at the 84.1% abnormal percentile, ranking as anomaly#28and nominal change #25. While not among the most explosive, it's still worth watching. The 24-hour trading volume is still 287.70 million, indicating decent liquidity. If the price continues to fall, the question is where the support will be.
My current view is: this isn't panic selling, it's a contraction of positions. Let's see when this deleveraging stops before rushing to buy. Wait for the selling pressure to subside.
