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Re: Swingtrader post# 18317

Wednesday, 03/29/2017 2:31:51 AM

Wednesday, March 29, 2017 2:31:51 AM

Post# of 72663
Bosman should have been more specific. While 19.68m shares did have both buyers and seller, he is referring to whether they traded at the bid or ask.

Within the spread, if someone is lifting, they are trading at the ask, so the buyers are in strength. If the bid is hit, the seller has the momentum.

But end of day, 19.68m shares where bought and sold, and we closed up. Some people may say that's just the tape being painted... but either way, it's an up day for the chart~ so in my mind longs prevailed!