2 quotes that are useful for swing trading❗️
In swing trading, if individual investors are deceived by institutional manipulation and experience a sudden drop after the opening, they will suffer huge losses. To prevent this from happening, I check the limit order status just before the opening on not only my moomoo account but also on the order book of the SBI US stock app. When players push up a stock like NNE did yesterday and the limit orders on SBI also rise just before the opening, it indicates real buying interest, and the stock price is likely to continue rising. Conversely, if the limit orders are low just before the opening, the price will drop after the opening, as we saw before when the circuit breaker was triggered.
moomoo's quote has an excellent buy/sell dominance chart that further predicts the movement of the candlestick chart in trading trends. For example, when the lock-up release sell and director's sell l pressure of ALAB is contained, it will reverse and become an upward trend 📈.
Accounts other than moomoo do not require trades. As long as you can catch the quote information from the U.S. stock app, you can avoid crises.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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