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Re: None

Tuesday, 11/02/2021 1:14:50 PM

Tuesday, November 02, 2021 1:14:50 PM

Post# of 708084
It looks like they have sold the shares they need to sell and now they are moving up the price to the teens, where they will try to do the same thing. They have large amounts on the ask side above the current price leve. They are now buying shares at the current price level as they see retail/traders thinking they need to sell below the levels that they see large ask volume. It is quite clever. I would expect (if my theory is right) that we will see high teens SP at the end of the day. They could also just be taking a breather and waiting to see where the volume shows up, only to take it back down to 1.04/1.05 and pick up more shares. That is risky as the people looking to sell, will likely remember this level and be hesitant to unload at 1.04/1.05.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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