InvestorsHub Logo
Followers 20
Posts 690
Boards Moderated 0
Alias Born 02/12/2010

Re: None

Wednesday, 03/18/2020 11:16:01 AM

Wednesday, March 18, 2020 11:16:01 AM

Post# of 3836
WILL WE SEE ANOTHER UPSWING?. The charts are showing duhhhh, all trends are neutral except for the Ultimate Oscillator which has bounced off the oversold line and trending slightly up. Trading has slowed a bunch since the opening. We had 6500 trades mostly within the first hour of 2,300,000 shares, average trade of 353 shares, or about $1,033/trade. Buys were about 60,000 shares more than Sells. So, what are the facts telling us? Well, the average size of trades at around 350 is a little more than the average of around 280. But, that's a retail investor number, few, if any, whales trading this morning. And, with the big slowdown in the past hour, it looks like the retails have shot their powder and sitting back waiting for the next move. We're moving sideways, consolidating they call it. We're hovering around the 50 day MA, a critical point, and the Bollinger Bands ate tightening, all of which says a breakout up to $3+ or a slide down to $2.50 is possible over the next few hours. Doesn't look like a very exciting day so far, and may be as boring this afternoon absent some good news or a few whales feeding here.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GNPX News