If you understand the reason for price changes because you are watching projects that you have in your portfolio, this is also a reasonable strategy.
Do you think that it is possible to predict some price movement following the news of the project?
It seems to me that this is real at medium distance and long, too, but not at a short distance - because of the large influence of the speculative component.
I think this is theoretical reasoning. Once you try to do this in practice, you will be surprised at the complexity of this process.