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Re: bas2020 post# 73591

Tuesday, 08/16/2016 12:52:36 PM

Tuesday, August 16, 2016 12:52:36 PM

Post# of 458462
fwiw AD chart shows about 20k shares cyclically being sold (or shorted). Just enough to push it back down and keep it range bound when net shares traded rise to zero, the slight rise likely from being subsequently covered. Then sold again near zero net, just enough to push it back down and keep it range bound, with a slight downward bias. I would guess the downticks are mostly from a few would-be swing traders exiting. Otherwise minimal or zero net additional shorting/covering. 3 cycles in the last three hours so far, going by the live minute chart.

The negatively and range bound action seems to have been successful so far at quelling new buying and discouraging interest in swing or momentum trade potential for now.





Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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