Question: Open interest increased 196.88% over $POWR 24 hours, while the price remained basically unchanged. What does this mean?
Answer: Positions are building, but the price hasn’t picked a direction yet. Both bulls and bears are adding to their positions. The longer the stalemate lasts, the more dramatic the subsequent move may be, but its direction is uncertain.
#POWR
Answer: Positions are building, but the price hasn’t picked a direction yet. Both bulls and bears are adding to their positions. The longer the stalemate lasts, the more dramatic the subsequent move may be, but its direction is uncertain.
#POWR
