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Re: PhunnyMunny post# 27792

Saturday, 01/05/2019 1:10:19 PM

Saturday, January 05, 2019 1:10:19 PM

Post# of 58983
I completely agree. Market makers will not try to or can't slow the momentum of heavy buying pressure although short sellers may try which was the case here in late November. Short sellers tried to come in and the buying pressure from CANT was too strong to beat and they backed off on at least 2 or more occasions. Since then, profit taking occurred when pps spiked over .07 and buying pressure has slowed. CANT realizes this and has taken advantage by slowly walking back down. It is my opinion only that they are slowly reloading. Just remember, the last spike had volume of nearly 10 million for several consecutive days or weeks so they have plenty of shares to manipulate with. Also notice how the accumulation is heading up as the pps has fallen. Retraced from over .07 to .04 and AD line consistently went up.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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