From a market positioning perspective:
$VVV 1-hour rally of +6.57%, current price 18.319, 24h trading volume of $32.88 million.
What does the capital flow tell us?
· The gains were concentrated in a brief 1-hour period, suggesting aggressive buying was highly concentrated
· The 24h change is still -3.23%, which looks more like short covering
· Watch whether large orders follow through; without them, the gains could easily be given back
How would you interpret this?
#VVV
$VVV 1-hour rally of +6.57%, current price 18.319, 24h trading volume of $32.88 million.
What does the capital flow tell us?
· The gains were concentrated in a brief 1-hour period, suggesting aggressive buying was highly concentrated
· The 24h change is still -3.23%, which looks more like short covering
· Watch whether large orders follow through; without them, the gains could easily be given back
How would you interpret this?
#VVV
