$TRUTH breaks through the 0.02 level.
Let's break this number down.
Large numbers of stop-loss orders often pile up around key levels. Once the price moves past one, these stops are triggered all at once, and volatility can suddenly increase.
It's common for the price to move past a key level and then fall back, so many people wait for confirmation at the close rather than chasing the move the instant it happens.
The same reading can mean very different things in different market conditions, so don't blindly apply a rule of thumb.
Just browsing—don't buy based on this. Make your own judgment.
Let's break this number down.
Large numbers of stop-loss orders often pile up around key levels. Once the price moves past one, these stops are triggered all at once, and volatility can suddenly increase.
It's common for the price to move past a key level and then fall back, so many people wait for confirmation at the close rather than chasing the move the instant it happens.
The same reading can mean very different things in different market conditions, so don't blindly apply a rule of thumb.
Just browsing—don't buy based on this. Make your own judgment.