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Thursday, July 18, 2019 4:57:15 PM
Look at the players who's selling and the outcome.
Long term holders, both individual and institutional have Not been selling, so forget them/us.
Short term profit takers (and lump in the buy on the rumor, sell "before" the news crowd) have been selling on low volume … OK, and EVERY TIME they drove it down, BUYERS brought it back up.
Short sellers (with very little shares/ammo available to them) have been selling on low volume … OK, and EVERY TIME they drove it down, BUYERS brought it back up.
Market makers who are trying to drive the price down (for what ever reason) have been selling on low volume … OK, and EVERY TIME they drove it down, BUYERS brought it back up.
Friday, tomorrow, will "they" play the same game before their timeclock runs out?
I would think, on the last day before news, we should have much higher volume due to both the "game players" and the last chance to buy before news players.
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