Followers | 376 |
Posts | 17197 |
Boards Moderated | 3 |
Alias Born | 03/07/2014 |
![](https://investorshub.advfn.com/uicon/458287.png?cb=1657037051)
Wednesday, April 30, 2014 11:43:49 AM
I stated previously- when you see the vol start to really thin out, and when you see days where it "flat lines" (doesn't have a single trade for an hour or more)- my opinion, get ready.
One sell order of any, decent size, and it will break down big, if the historical norm proves out. It's thinly traded dollar wise per day, and the broker/dealers open the spread. "Grand Canyon" wide IMO, when they need to fill to the downside.
And that's not even considering if someone like an "ASHER" turns and starts to go short- which they most certainly will at some point, IMHO. It's in a full down trend now. Never once re-touched the 50 DMA in over 10 trading days now, and now is breaking down big to the low side.
Despite all the "PR" and "tweets" and "talks" and "seminars" and blah, blah, blah.
FEATURED Element79 Gold Corp Announces 2024 Clover Work Plans & Nevada Portfolio Updates • Sep 10, 2024 11:00 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM
Nightfood Holdings Inc. Completes Major Step on Uplist Journey by Closing Strategic All-Stock Acquisition of CarryoutSupplies.com • NGTF • Sep 10, 2024 8:15 AM
Element79 Gold Corp. Announces Sale of 100% Interest in Elder Creek, North Mill Creek, and Elephant Projects to 1472886 B.C. Ltd. • ELEM • Sep 9, 2024 9:34 AM
North Bay Resources Commences Gold Shipments, Fran Gold Project, British Columbia; Enters Taber Gold Mine JV, Sierra County, California • NBRI • Sep 9, 2024 9:15 AM
Simple Stock Loans Announces Unique Solutions For Investors Looking for Alternative Liquidity Amidst Recent Small Cap Rally Sep 6, 2024 9:30 AM