LIT contract side: the previous complete 5m is -5.44%. Current price is 4.1862. 24h turnover is 73.6657 million RMB. VWAP is 4.4029—below it, with volume at 5.6x. First, grab the core data. What we should focus on now is: the magnitude of the drop and the trading volume should be evaluated together, to determine whether it’s panic selling.
Whether the pullback can reclaim VWAP 4.4029. After volume amplifies to 5.6x, will it immediately contract back? Look at how the money is behaving first, then talk about direction.
#LIT #anomaly alert
Whether the pullback can reclaim VWAP 4.4029. After volume amplifies to 5.6x, will it immediately contract back? Look at how the money is behaving first, then talk about direction.
#LIT #anomaly alert