Level 2 & the tape
Day Trading
The order book's story
Level 2 shows resting bids/asks; time & sales shows actual fills. Big bids absorbing sells = someone accumulating. Offers pulled as price rises = sellers stepping aside. The tape leaks intent.
Check yourself
Huge sell orders keep hitting a bid that won't drop. That's…
- Weakness
- Absorption, a big buyer eating everything correct
- A glitch
Someone with size is standing there buying all of it. When the selling exhausts, price often pops.
Learn this properly
This term has a full interactive lesson in Wick — the chart, the pattern to tap, and a live practice terminal to try it on. Free to start.
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