Is smart money starting to build positions? $US 15-minute plunge of 4.75%
To figure out who's selling, I usually look at two things first:
· Are there clusters of large sell orders during the decline?
· Do large buy orders step in after the price hits a low?
For reference: 24h trading volume: $115 million; 24h change: -22.3%. If both are present, it's probably just a change of hands; if only the first is, be wary of further selling pressure.
#US
To figure out who's selling, I usually look at two things first:
· Are there clusters of large sell orders during the decline?
· Do large buy orders step in after the price hits a low?
For reference: 24h trading volume: $115 million; 24h change: -22.3%. If both are present, it's probably just a change of hands; if only the first is, be wary of further selling pressure.
#US