Where are the chips headed? Here’s a clue: $RSR falls below the 0.0019 level.
There are often clusters of resting orders around price levels like this, and big players love to make their moves there: they may use a breakdown to sweep long positions’ stop-losses before pushing the price back up, or they may follow through and drive it lower. To tell the difference, watch which direction large orders are concentrated on either side of the price.
#RSR
There are often clusters of resting orders around price levels like this, and big players love to make their moves there: they may use a breakdown to sweep long positions’ stop-losses before pushing the price back up, or they may follow through and drive it lower. To tell the difference, watch which direction large orders are concentrated on either side of the price.
#RSR