Big money on the move? $ERA surged 5.65% in 15 minutes
To figure out who's buying, I usually watch two things:
· Are there clusters of large orders during the rally?
· Are large sell orders coming in once the price moves higher?
For comparison: 24h trading volume was $3.86 million, up 16.47%. The first condition is met, and the second isn't—so this rally looks like it has money backing it.
#ERA
NFA, DYOR.
To figure out who's buying, I usually watch two things:
· Are there clusters of large orders during the rally?
· Are large sell orders coming in once the price moves higher?
For comparison: 24h trading volume was $3.86 million, up 16.47%. The first condition is met, and the second isn't—so this rally looks like it has money backing it.
#ERA
NFA, DYOR.