🐋 $AIN broke through the 0.15 level. There are often lots of pending orders and stop-losses clustered around key levels.
Once it moves above, short sellers’ stop-losses above can be triggered one after another, driving an acceleration. But if volume doesn’t follow through, it can also get slammed back below the level.
If it reverses later, how would you respond?
#AIN
Once it moves above, short sellers’ stop-losses above can be triggered one after another, driving an acceleration. But if volume doesn’t follow through, it can also get slammed back below the level.
If it reverses later, how would you respond?
#AIN
