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Alias Born | 03/20/2014 |
Wednesday, September 30, 2020 10:40:03 PM
I started getting that feeling when the 2PM
and 3PM bars on the 30 minute chart topped
out at 0037. And the thing is was that it hit
that pretty quickly when the MMs realized
that no one was selling for less.
Tightening down the float and locking up
your shares so the MMs can not borrow
against them means pretty soon they'll have
no choice but to take this higher in order to
find more sellers.
I know a lot of traders here are not going to
sell anytime soon. Honestly, I do not think
anyone is going to sell for less than a penny.
ExOr
"May your trades always be good ones!"
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