Thursday, April 10, 2014 6:29:48 PM
Looking at the low volumes and the Candle Chart surrounding that time frame, this appears to have been a single order that was placed at 3:17 PM and ran from a low of .1052 up to .1123 before the entire order could be placed at 3:18 PM. The entire transaction shows up on the charts as a sell on the asking price.
Interestingly, that single purchase represents fully 20% of the days trading volume for CBGI. Does this set the new level of resistance for this stock?
And why is someone, out of the blue, putting nearly $300K into this investment? Inquiring minds want to know...
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