Watch the money, not the talk: $AGT loses the 0.05 level
Key levels usually have a large number of stop-loss orders clustered above and below them. Big money loves to act in these spots: either push below to sweep the stops and then pull price back up, or break through for real and keep moving. To tell the difference, watch which way the large orders above and below the price are leaning.
Key levels usually have a large number of stop-loss orders clustered above and below them. Big money loves to act in these spots: either push below to sweep the stops and then pull price back up, or break through for real and keep moving. To tell the difference, watch which way the large orders above and below the price are leaning.