$CHIP Capital flow watch:
Trading volume is 5 times the 20-day average → a large number of shares changed hands near the 90-day high.
A high-volume breakout above the previous high of 0.06237 is usually interpreted in one of two ways: buyers aggressively absorbed the selling pressure at the previous high (bullish), or long-time holders used the buzz to sell (bearish). To tell the difference, watch whether the price can hold above the previous high.
#CHIP
No guarantee this is right—make your own judgment.
Trading volume is 5 times the 20-day average → a large number of shares changed hands near the 90-day high.
A high-volume breakout above the previous high of 0.06237 is usually interpreted in one of two ways: buyers aggressively absorbed the selling pressure at the previous high (bullish), or long-time holders used the buzz to sell (bearish). To tell the difference, watch whether the price can hold above the previous high.
#CHIP
No guarantee this is right—make your own judgment.