Is money quietly changing hands? A 8.44% rally in $US 1 hours
To figure out who's buying, I usually watch for two things:
· Are there consecutive aggressive buy orders during the rally?
· Do large sell orders start hitting the market once the price reaches a high?
For reference: 24h trading volume: $216 million; 24h change: +106.85%. Only when the first condition holds and the second doesn't can we say buyers are driving this move.
#US
Markets move fast, so don't rush to conclusions.
To figure out who's buying, I usually watch for two things:
· Are there consecutive aggressive buy orders during the rally?
· Do large sell orders start hitting the market once the price reaches a high?
For reference: 24h trading volume: $216 million; 24h change: +106.85%. Only when the first condition holds and the second doesn't can we say buyers are driving this move.
#US
Markets move fast, so don't rush to conclusions.