$BR has broken through the 0.5 level, where resting orders and stop-losses are usually most concentrated.
Once it moves above, short positions’ stop-losses overhead can easily be swept up in a cluster, driving a burst of acceleration. But if volume doesn’t follow through, it could just as easily be pushed back below the level.
Do you think this is the beginning or the end?
Once it moves above, short positions’ stop-losses overhead can easily be swept up in a cluster, driving a burst of acceleration. But if volume doesn’t follow through, it could just as easily be pushed back below the level.
Do you think this is the beginning or the end?
