MAGIC’s 24-hour trading volume across all platforms is about 8 times its market cap, indicating extremely active trading. After news like this, I look at capital flows first, then the price.
Whether others follow up with discussion determines whether it’s just a passing gust or the start of a trend. Prices ultimately tend to move in the direction capital flows; the news is just the starting point.
$MAGIC .
In highly volatile markets, manage risk first.
Whether others follow up with discussion determines whether it’s just a passing gust or the start of a trend. Prices ultimately tend to move in the direction capital flows; the news is just the starting point.
$MAGIC .
In highly volatile markets, manage risk first.