Capital flow watch: a sharp 3.02% surge over $LPT 5 minutes
To gauge the strength of buying, I’d first watch two things:
· Whether there are consecutive aggressive buy orders during the rise
· Whether large orders start coming in to sell once the price reaches higher levels
For comparison: 24-hour trading volume was $3.25 million, up 13.22%. If the first is true and the second isn’t, then this rally is genuinely backed by buying.
#LPT
There’s been quite a bit of volatility, so use leverage prudently.
To gauge the strength of buying, I’d first watch two things:
· Whether there are consecutive aggressive buy orders during the rise
· Whether large orders start coming in to sell once the price reaches higher levels
For comparison: 24-hour trading volume was $3.25 million, up 13.22%. If the first is true and the second isn’t, then this rally is genuinely backed by buying.
#LPT
There’s been quite a bit of volatility, so use leverage prudently.