🐋 $IDOL 5-minute plunge of 2.57%, with 24-hour trading volume of $286 million.
Major players’ moves usually show up in trading volume first, with prices following afterward.
My take on this kind of sharp drop: don’t catch the first falling knife; wait for confirmation that prices have stabilized before considering a move.
Major players’ moves usually show up in trading volume first, with prices following afterward.
My take on this kind of sharp drop: don’t catch the first falling knife; wait for confirmation that prices have stabilized before considering a move.