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Re: bustingmyask post# 12024

Tuesday, 06/12/2018 3:02:01 PM

Tuesday, June 12, 2018 3:02:01 PM

Post# of 27435
I’m thinking what you see are upticks and downticks. A downtick (red), from the previous price, which essentially is stock being sold at/to the bid. An uptick being (green), stock being purchased at/from the Ask/offer. If the stock price isn’t going down, equilibrium, but the bid is constantly getting “hit”, (red), it suggests a solid bid/buyer(s), who isn’t chasing the stock....because with the selling, he doesn’t have to. They could back off the bid, but apparently they are not. Bullish or Bearish? Not sure. I wish the sellers would disappear and the buyers would get more aggressive, but, it strikes me as bullish, nonetheless. Pretty Light volume. We’ve had a great rally, and the bidding, while not chasing, at the moment, isn’t going away. Collecting shares. Smartly. IMO.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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