$HOT Open interest rose 11.39% over 5 minutes, while the price climbed 1.36%.
Leveraged money can flow in fast, and it often flows out just as fast. When a rally is driven by rising open interest, its staying power is questionable.
Structurally, this move should be viewed alongside the four-hour chart, since short-term anomalies are often corrected.
#HOT
Just take a look—don’t buy based on this. Make your own decision.
Leveraged money can flow in fast, and it often flows out just as fast. When a rally is driven by rising open interest, its staying power is questionable.
Structurally, this move should be viewed alongside the four-hour chart, since short-term anomalies are often corrected.
#HOT
Just take a look—don’t buy based on this. Make your own decision.
