Watch the money, not the talk:
$RLC 15-minute surge of +3.39%, current price 0.8732, and 24-hour trading volume of $4.16 million.
Let’s break it down from a money-flow perspective:
· The gains were concentrated in just 15 minutes, suggesting aggressive buying pressure
· The 24-hour change is also +3.79%, showing that the money is moving in the same direction
· Next, watch whether aggressive buy orders continue; if they dry up, the gains could easily be given back
Which side are you on?
$RLC 15-minute surge of +3.39%, current price 0.8732, and 24-hour trading volume of $4.16 million.
Let’s break it down from a money-flow perspective:
· The gains were concentrated in just 15 minutes, suggesting aggressive buying pressure
· The 24-hour change is also +3.79%, showing that the money is moving in the same direction
· Next, watch whether aggressive buy orders continue; if they dry up, the gains could easily be given back
Which side are you on?