Is smart money getting into position? $AVAAI surged 2.34% in 5 minutes.
To assess the quality of the buying, I’d first watch for two things:
· Are there consecutive large orders during the rally?
· Do large sell orders start appearing once the price reaches a high?
For reference: 24h trading volume: $6.76 million; 24h change: +6.04%. Only if the first condition holds and the second doesn’t can we say this move is being driven by buyers.
Make your own decisions about when to enter and exit—don’t follow blindly.
To assess the quality of the buying, I’d first watch for two things:
· Are there consecutive large orders during the rally?
· Do large sell orders start appearing once the price reaches a high?
For reference: 24h trading volume: $6.76 million; 24h change: +6.04%. Only if the first condition holds and the second doesn’t can we say this move is being driven by buyers.
Make your own decisions about when to enter and exit—don’t follow blindly.