Fullmoonfever
Top 20
Essentially no imo....as an identifiable named "stop loss" anyway.Does it contain stop losses?
Stop losses can be a mental price point some traders keep to themselves and then place an order at mkt when SP gets near their level.
Others run trailing stops with a tolerance % / $ value to the SP and the stop will follow accordingly until gets "hit", generally in a quick move and...
Others place physical longer lasting sell orders at price points in the queue that are effectively visible.
Manipulators will also use TA to ascertain prev price points of support / resist and also volume supply/ demand areas that they can view in relation to the order book and visible sell orders already at those levels.
It does provide a guide of sorts where to look and kinda supports the phrase of "hitting stops / stop hunting".