Chip flows have shifted: a sharp 2.43% rally in $ARIA 5 minutes
To judge the quality of buying pressure, I’d first watch two things:
· Whether there are waves of aggressive buy orders during the rally
· Whether large sell orders appear after the price reaches a high
For reference: 24h trading volume: $16.11 million; 24h change: +5.14%. Only when the first is present and the second is absent can we say this rally is being driven by capital.
To judge the quality of buying pressure, I’d first watch two things:
· Whether there are waves of aggressive buy orders during the rally
· Whether large sell orders appear after the price reaches a high
For reference: 24h trading volume: $16.11 million; 24h change: +5.14%. Only when the first is present and the second is absent can we say this rally is being driven by capital.