Wednesday, September 18, 2024 1:29:38 PM
That is exactly what happened when one of our posters set up a 40,000 share bid at $.146 (I think that was the bid) as the market makers were working it down with 100 and 200 share blocks to under $.145 to set the double bottom at a rounded $.14 then the price immediately bounced off of that back up to over $.15. That’s when I knew the double bottom had been set because they chose to get the double bottom in spite of giving up those 40,000 shares. That was later confirmed with a retest and uptrend from there. Best wishes.
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