SWVC
Exactly what I wanted to see, EOD. Only saw 2 large blocks during today. Both to support the ask, one to stop the take down at 11:43 for 400k and the other to support the lunch at high closed for 400k @ .0308, which didn't help, but the attempt was there! Good sign IMO
I wanted to see EOD support at the high! And another 700k block came right at close.
All this is telling me someone is dabbling. Running the AM and supporting the small gain.
After Fridays eval I expected the run to start today and by lunch didn't see it in the trading. But now feel event though the run was not started, any decline was stopped. A small green hammer off the pennant point is just fine.
Just over 10 mill & ask support, should keep the herd happy and away from expecting to get it lower. We'll see.
Recap 3 large blocks today, all in support of a climb! The rest of the volume was just M&Ms working retail for volume. (chasing it) All good signs IMO
One might think 700k was a little over kill, but I guess the big guy wanted to make sure the high of day order was too big to let it go, and it would close. Someone wants retail to see EOD, at HOD, why else buy above the ask so large? Well timed! Matter of fact, excellent timing.