InvestorsHub Logo
Followers 0
Posts 826
Boards Moderated 0
Alias Born 03/27/2017

Re: Lvnthedream post# 80884

Tuesday, 08/28/2018 12:52:42 AM

Tuesday, August 28, 2018 12:52:42 AM

Post# of 162780
Short answer MMs in control. I've been watching L2 everyday. Walls & signals. Yes, people sold on news today because that's how some trade. MMs can help increase and/or decrease buying/selling pressure via various methods.

Today's action appeared to be some waiting to sell into the news- easier to trade into and out of volume. I also believe based on watching L2, that MMs enjoyed hiding asks today, then when it looked as if next level, they threw more up. Some Peeps see that action, they back off the ask, and bid sit instead. MMs therefore slowed the action.

I believe selling pressure began to relent last part of day, and buying pressure will continue to increase moving forward, sometimes being VERY strong here! 67, then 72 appear to be next levels of resistance.

RSHN WILL RUN NORTH AGAIN, I firmly believe it will be very soon...and run hard as we head into fall. Once she breaks 8s, it's off to the races until she's well into copper, imo.

RSHN with ALL ITS NUMEROUS CATALYSTS and in MJ Hemp sector will enjoy several runs.