Is big money on the move? $WLD has moved above the 0.49 level
There are often clusters of stop-loss orders around price levels like this, making them prime spots for big players to make their move: either use a breakout and a surge in volume to drive prices higher, or cash out into the buying pressure generated by the breakout. To tell the difference, watch which way the large orders near this level are leaning.
There are often clusters of stop-loss orders around price levels like this, making them prime spots for big players to make their move: either use a breakout and a surge in volume to drive prices higher, or cash out into the buying pressure generated by the breakout. To tell the difference, watch which way the large orders near this level are leaning.