RE:RE:Wall of 0.11Good Point!! Very True.
NosajEwad wrote: Looking at L2 really does nothing with these and I have done better since not looking at it. At any given time, people can put in Ask/Bid above/below to give illusions and as soon as somsone uses 'Market Price' the L2 is really not anything but a snapshot.
Personally, with the daytraders and shorted that pepper these stocks, I generally watch the RSI and if it gets too top heavy (around60 or more) with high volume then its a good indication to sell and pick it up arounf 30 again.
Nothing moves in a straight line but whenthe RSI is out of balance on the top end, the say traders start to sell off profit (nothing wrong wth that) so occasionally if you can hit a few of those patterns, you can possibly gobble up a few extra shares on the way up.