NASDAQ Level2
For a moment I thought the buyers would absolutely win, but the sellers took control and buyers were quick to give up after two attempts with out enouth volume. There is still potential for more upside, however I am about to finish up trading on the week.
I hope this very quick, sort of "out-of-the-blue" level2 tutorial / information was helpful! But that is the long and short of how it is used. There are other ways to trade the level 2 as well such as level 2 options, level 2 volumetric candle stick reading, volumetric flow, and more that is far beyond my capacity to write about in a single article and try to make it somewhat attention grabbing hahaha. Lots of terminology is what I mean.
With that said, I hope you all enjoy your weekend and exit in profit with cash ready to stack in your bank accounts
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Alkaline Analyst
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74396284 : No, level 2 was trying to get it down to $5.80, they succeeded