Core Insights - Reddit Inc (NYSE:RDDT) triggered a significant Power Inflow alert, indicating bullish interest from both institutional and retail traders [3][4] - The alert was issued at a price of $197.63, following a steep price decrease, and led to a rise in stock price to a post-alert high of $203.13 by 2:30 PM EST [4][7] Power Inflow Signal - The Power Inflow alert is a proprietary signal from TradePulse, highlighting significant shifts in order flow towards buying activity, suggesting a high probability of bullish price movement for the day [5][6] - This alert is particularly valuable for active traders as it serves as a strategic entry point [5] Order Flow Analytics - Order flow analytics provide insights into real-time buying and selling trends by examining volume, timing, and order size, enhancing understanding of price behavior and market sentiment [6] - The effectiveness of order flow analytics is demonstrated by the intraday performance of RDDT, where traders could capitalize on short-term gains following the Power Inflow alert [7]
Reddit Shares Rise 2.8% To Intraday High After Key Trading Signal