The market depth doesn't really mean anything in itself as it can be filled with fake buy and sell orders. What is more interesting is the low volume yesterday that suggests the price is in equilibrium. ie no one wants to pay more and no one wants to sell for less.
What is needed now is some news to push the buyers or sellers in one direction or the other, otherwise it will just go sideways and consolidate for a while.
WZR Charts, page-1028
-
- There are more pages in this discussion • 3,852 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
