I used to look only at candlestick charts. Later, I learned to read them alongside open interest. $STRK is a great example today:
Looking only at price, it was down 1.06% over 24 hours, so you might think nothing was happening. But open interest was up 22.27%—there was already a tug-of-war brewing beneath the surface.
Do you usually keep an eye on open interest?
Looking only at price, it was down 1.06% over 24 hours, so you might think nothing was happening. But open interest was up 22.27%—there was already a tug-of-war brewing beneath the surface.
Do you usually keep an eye on open interest?