Is big money on the move? $IDOL 5 minutes: a sharp 2.5% surge
To figure out who's buying, I usually watch two things first:
· Whether there are clusters of large orders during the climb
· Whether large sell orders come in to dump after the price reaches higher levels
For comparison: 24-hour trading volume was $558 million, up 24.29% over 24 hours. The first condition is met, but the second isn't. Only then can this move be considered backed by capital.
#IDOL
To figure out who's buying, I usually watch two things first:
· Whether there are clusters of large orders during the climb
· Whether large sell orders come in to dump after the price reaches higher levels
For comparison: 24-hour trading volume was $558 million, up 24.29% over 24 hours. The first condition is met, but the second isn't. Only then can this move be considered backed by capital.
#IDOL
