Funds flow watch: $BILL 5-minute plunge of 2.12%
To judge the quality of the selling, I’d first watch for two things:
Whether there are consecutive large sell orders during the decline
Whether large buy orders step in after the price hits a low
Reference: 24h trading volume: $10.82 million, 24h +7.85%. If both are present, it’s often a sign of turnover; if only the first is, be wary that another leg down may follow.
#BILL
To judge the quality of the selling, I’d first watch for two things:
Whether there are consecutive large sell orders during the decline
Whether large buy orders step in after the price hits a low
Reference: 24h trading volume: $10.82 million, 24h +7.85%. If both are present, it’s often a sign of turnover; if only the first is, be wary that another leg down may follow.
#BILL