$CTSI 15-minute open interest rose 5.57%, while the price was nearly unchanged.
Unusual changes in open interest indicate leveraged capital is placing bets. Whether spot buyers follow through determines how solid the move is.
A valid breakout is usually accompanied by higher volume, while a false breakout often lacks volume. This is a filter I pay close attention to.
#CTSI
Personal observation, not a buy or sell recommendation.
Unusual changes in open interest indicate leveraged capital is placing bets. Whether spot buyers follow through determines how solid the move is.
A valid breakout is usually accompanied by higher volume, while a false breakout often lacks volume. This is a filter I pay close attention to.
#CTSI
Personal observation, not a buy or sell recommendation.