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Re: Ready4bluesky post# 58345

Friday, 04/08/2016 12:41:54 AM

Friday, April 08, 2016 12:41:54 AM

Post# of 701490
not a surprise to me. I know an intentional push against a resistance line when I see it. the 10:00 am drive thru the $ 1.70 line had 80,000 shares in 3 min sold at a wide limit to drive the price thru the 1.70 line, BEFORE the price went thru the line.
and --- the 1:35 pm 2nd drive thru the $ 1.70 line had over 100,000 shares sold on a wide limit BEFORE the price went thru the $ 1.70 line.
both spikes were a price reaction to volume, NOT a volume reaction to price. the difference between an intentional push to get a price thru a line, and, natural market movement.
I've successfully done pushes myself. but volume has to be miniscule since I'm not holding 7 figures of shares.
another hint to the pushes theory, is the near absence of volume after the push-spikes very similar to the volume we've been used to seeing all along these last few weeks.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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