Where the money is flowing: the clues are here. A $AIN 5-minute plunge of 12.48%
To figure out who's selling, I’d first watch for two things:
· Are there clusters of large sell orders during the drop?
· Are large buy orders stepping in after the price falls?
For comparison: 24h trading volume: $284 million; 24h change: -61.35%. If both conditions are met, it’s probably a shakeout. If only the first is true, be wary of further selling pressure.
Don’t treat any of this as a basis for trading decisions.
To figure out who's selling, I’d first watch for two things:
· Are there clusters of large sell orders during the drop?
· Are large buy orders stepping in after the price falls?
For comparison: 24h trading volume: $284 million; 24h change: -61.35%. If both conditions are met, it’s probably a shakeout. If only the first is true, be wary of further selling pressure.
Don’t treat any of this as a basis for trading decisions.