Big money’s intentions are written in the tape: $MET falls below the 0.47 level
There are often a large number of stop-loss orders around price levels like this. Major players love to make their move here: either trigger long-position stop-losses on a break below, then push the price back up, or drive it lower for real. To tell the difference, watch which side the trading volume clusters on above and below the price level.
#MET
Markets change in an instant. Make your own judgments.
There are often a large number of stop-loss orders around price levels like this. Major players love to make their move here: either trigger long-position stop-losses on a break below, then push the price back up, or drive it lower for real. To tell the difference, watch which side the trading volume clusters on above and below the price level.
#MET
Markets change in an instant. Make your own judgments.