$NXPC 15-minute open interest increased by 7.86%, while the price rose 1.35%.
A decline in open interest often means positions are being closed, while an increase means new money is coming in. The momentum that follows these two scenarios can differ considerably.
A genuine trend needs a series of consecutive highs and lows to confirm it; one or two candlesticks are just the beginning.
#NXPC
A decline in open interest often means positions are being closed, while an increase means new money is coming in. The momentum that follows these two scenarios can differ considerably.
A genuine trend needs a series of consecutive highs and lows to confirm it; one or two candlesticks are just the beginning.
#NXPC
