Latest data: $AGT |Above the 0.075 level
Definition: The longer it has been since this price was last reached, the more the distribution of holdings around this level may have changed. Past support and resistance may no longer hold.
How to read it: Many people use this level as an anchor for managing positions: which side of it you hold on and where you place your stop-loss may be more useful than predicting the direction.
The same data can mean very different things in different market conditions, so don't apply any single rule mechanically.
This may not be accurate—don't act on it blindly.
Definition: The longer it has been since this price was last reached, the more the distribution of holdings around this level may have changed. Past support and resistance may no longer hold.
How to read it: Many people use this level as an anchor for managing positions: which side of it you hold on and where you place your stop-loss may be more useful than predicting the direction.
The same data can mean very different things in different market conditions, so don't apply any single rule mechanically.
This may not be accurate—don't act on it blindly.