I watched someone on YouTube and they keep calling out when there are a lot of large sell orders (stock trading).
Is he looking at the order book the entire time?
Or, is there some kind of indicator that can keep track of large buy/sell orders?
For example, he kept saying there are a lot of sellers in a certain stock but it was a stock that gapped up throughout the night and had a lot of volume. I thought it was going to be one of those low float runner stocks but it kept dropping and dropping. It's like the short-sellers at the beginning knew the stock was going to go down that's why there was such large sellers at the beginning.
Is he looking at the order book the entire time?
Or, is there some kind of indicator that can keep track of large buy/sell orders?
For example, he kept saying there are a lot of sellers in a certain stock but it was a stock that gapped up throughout the night and had a lot of volume. I thought it was going to be one of those low float runner stocks but it kept dropping and dropping. It's like the short-sellers at the beginning knew the stock was going to go down that's why there was such large sellers at the beginning.