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Alias Born | 11/11/2010 |
Monday, September 14, 2020 12:18:42 PM
ACC/DIS line clearly shows EWLL continues to be accumulated and that will not change until we see huge dumps at .0001, however, for every sellers there is a buyer and buying at the bid is distorted in accumulation/distribution, you know why?? i buy at the bid all the time, i rarely rarely buy at the ask (unless of course its at no bid)
its even tricker in big board stocks. been bid sitting in many blue chips over the years. when those bid sitters scoop up shares and do not put them back up for sale, that is where really accumulation takes place, best example (AAPL, MSFT..AMZN...maybe TSLA)
did you know, it can take as little as 10 individual traders to buy 1,000,000,000 shares at 0001?
I AM THE ROCKS OF THE ETERNAL SHORE, CRASH UPON ME AND BE BROKEN
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