Follow the Money: $ARC Breaks Through 0.04
Stop-loss orders often cluster around key levels, and major players love to take advantage of this: they may ride a breakout to push prices higher, or sell into buying from momentum chasers. To tell the difference, watch which side of the price sees the most concentrated trading volume.
This is just my personal opinion, not investment advice.
Stop-loss orders often cluster around key levels, and major players love to take advantage of this: they may ride a breakout to push prices higher, or sell into buying from momentum chasers. To tell the difference, watch which side of the price sees the most concentrated trading volume.
This is just my personal opinion, not investment advice.