From a capital-flow perspective: a sharp 3.1% surge in $US 5 minutes
To figure out who's buying, I'd first watch for two things:
· Are there consecutive large orders during the rally?
· Are large orders being sold after the price reaches a high?
For comparison: 24h trading volume is $596 million, up 95.31% over 24h. Only if the first condition is met and the second isn't can we say there's real buying pressure behind this move.
#US
Stay level-headed. Don't get carried away.
To figure out who's buying, I'd first watch for two things:
· Are there consecutive large orders during the rally?
· Are large orders being sold after the price reaches a high?
For comparison: 24h trading volume is $596 million, up 95.31% over 24h. Only if the first condition is met and the second isn't can we say there's real buying pressure behind this move.
#US
Stay level-headed. Don't get carried away.