Wednesday, July 17, 2019 9:56:11 AM
As they post large blocks on the ask, they are intentionally letting algorithms undercut them so as to drag the price down.
As the algorithms continue to undercut, eventually stop losses kick in and continue to sell more underneath those stacking the ask.
This is common practice for stocks who have algorithm users
Once investors realize their stop losses have kicked in, they usually buy back their securities, which in this case would cause a heavy bounce back!
Be ready for a nice flip from these levels!
They can only control the algorithms so much before it bounces back
Wolves feed off emotions here, the more emotions in the board the more wolves hiding among the sheep. Do your own research and due diligence!
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