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Tuesday, 06/26/2018 11:05:14 AM

Tuesday, June 26, 2018 11:05:14 AM

Post# of 63455
Can't wait for the daily ignorant post saying "stock has been red all day, sellers in control"

Here is the thing...Load. The. Spring.

Smart money buys on the bid, I've gone over this like 10 times. Right now no-man's land is .1050

Retail bids there, MMs still willing to short there, but are less willing to short under the .1050 mark.

The goal is to bait the shorts to sell under .1050, because it is easy to push through no-mans land to .1080 where the shorts are then in the red.

Looks like retail may have learned how to exhaust the shorts like they tried to exhaust the bulls by baiting people into slapping all day then dropping the ask real low end of day.

Either that or...it's a keen group of investors buying up the stock.

Smart money invests here, not trades here. It's as simple as that. Smart money adds on the bid directly above the short cover, and slaps when the time is right...

Can't wait for that "red all day, sellers in control" post

http://www.mtaef.org/documents/Hank_SFO_article.pdf

The “springboard” is a formation within
Wyckoff theory that denotes the completion of
the preparation for an advance (or decline) in
price. On the chart of a stock, the springboard
is a condition where the price movement has
been brought to the focal point of converging
support and supply lines. Wyckoff students refer
to the springboard as an apex, dead center,
hinge, pivot or wedge.

According to Wyckoff theory, a stock is
on the springboard for a sharp, immediate
advance in price when the so-called
composite man or smart money working
behind the scenes has completed his or
her accumulation or re-accumulation of
the stock and is ready to remove his or
her offerings at the resistance level and
let the stock advance.



Spring board has slightly different dynamics on OTC given the liquidity of the stock, but if you understand the market and psychology then you can learn to account for these difference

Most of this is just my speculation which I then look up sources to back what I'm saying...ya know...it's called basic research.

This is like playing chess with these MMs, patience, planning, execution. Best way to beat them is for many be informed on the strategies...

PEW PEW PEW

Now you Dwyane me...now you Dwon't

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