Is smart money starting to position itself? $AIN 5-minute rally of 2.28%
To figure out who's buying, I usually look at two things first:
· Are there clusters of aggressive buy orders during the rally?
· Are large orders dumping after the price reaches a high?
For comparison: 24h trading volume is $285 million, 24h -65.5%. The first condition is met, but the second isn't. Only then can we say this rally is being driven by capital.
#AIN
To figure out who's buying, I usually look at two things first:
· Are there clusters of aggressive buy orders during the rally?
· Are large orders dumping after the price reaches a high?
For comparison: 24h trading volume is $285 million, 24h -65.5%. The first condition is met, but the second isn't. Only then can we say this rally is being driven by capital.
#AIN