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Saturday, April 25, 2015 12:11:36 PM
http://education.howthemarketworks.com/stocks/intermediate/technicalindicators/volume-precedes-stockprice-and-confirm-price-patterns/
There is nothing outside of normal what took place and because it touched 2 for 2 days in a row, it is golden.
Anybody who is educated on Accumulation Distribution know that institutional buying was taking place as well as share transfers and short coverings by watching the churn and the MM's working it. The Axe MM flipped from start to finish while the ask was being filled with a false wall of phantom shares to keep the stock at 1 so they could buy more for the same price without moving it. It's easy for them to hold down now with more to gather than if we were up a few ticks where it starts to get tricky. The entire ask was only one MM on a false wall of ghost shares who must be desperate for real shares. I don't have level 3 but my cousin does and he confirmed that the entire ASK was 1 seller and not the company diluting using the oldest trick in the book to accumulate shares without moving the price. Notice that the ask did not come down in segments at the end of the day as it was all from 1 account as the entire thing disappeared from one key stroke.
This is why I said it was buy time as you buy with them when they're keeping it down to load for them self.
Be prepared as when the MM's work their magic like they did getting all their ducks in a row, it's all systems go.
You can't keep a good stock down!
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