$LIT breaks below the 3 level.
There are often many stop-loss orders placed below levels like this; when the price breaks below, they can be triggered all at once.
I use the range before the unusual move as a reference: only holding steady outside the range counts as a valid breakout.
#LIT
There are often many stop-loss orders placed below levels like this; when the price breaks below, they can be triggered all at once.
I use the range before the unusual move as a reference: only holding steady outside the range counts as a valid breakout.
#LIT