🐋 $STRK broke through the 0.11 level. Levels like this are usually where resting orders and stop-losses are most concentrated.
Once it gets above the level, short sellers’ stop-losses overhead can be triggered one after another, fueling a quick move higher. But if volume doesn’t follow through, it could just as easily get knocked back below the level.
What do you think of this price level?
Do your research before making a move.
Once it gets above the level, short sellers’ stop-losses overhead can be triggered one after another, fueling a quick move higher. But if volume doesn’t follow through, it could just as easily get knocked back below the level.
What do you think of this price level?
Do your research before making a move.