$BAT broke through its six-month high at 0.1698, with 24-hour trading volume rising to 5.3 times the daily average.
Near a major high, short-position stop-loss orders and sell orders from bagholders often pile up. The surge in volume suggests these orders have been absorbed. If buyers are still around after that, the price may move more smoothly; if buying suddenly dries up, beware of a pullback after the spike.
#BAT
Just chatting—whether you profit or lose, you’re responsible for it yourself.
Near a major high, short-position stop-loss orders and sell orders from bagholders often pile up. The surge in volume suggests these orders have been absorbed. If buyers are still around after that, the price may move more smoothly; if buying suddenly dries up, beware of a pullback after the spike.
#BAT
Just chatting—whether you profit or lose, you’re responsible for it yourself.