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Re: XenaLives post# 16495

Friday, 08/13/2021 10:48:17 AM

Friday, August 13, 2021 10:48:17 AM

Post# of 26365
Smart money distributes into strength, ie strong rallies. Big volume on the dips along the way is retail getting shook out and smart money taking their shares. Fast forward a few weeks and we'll see whether or not the selling was done by smart money or dumb money as the price will make one side of the transaction look very bad and the other side very good.

Smart money will be selling much, much higher. Look at the volume in the .40s and .50 level, it was incredibly low, ie no distribution. My system tells me this is a strong hold with zero doubt, ie the same system that got me in starting at .014. I think I'll go with my read on this one. ;)
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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