Elite Pharmaceuticals Inc (ELTP)

[hondobud]

Everyone can play along, L2 signals...GLTA HB

Market Maker Signals:

001 This happens when a market maker buys or sells just one share. It’s a test to see how the market reacts without
risking much money. For traders, a 1-share order might signal a bigger move is coming.

100 I need Shares

111 The “111” signal is neutral. It often means the market is consolidating, with no significant movement expected. Traders
might hold their positions and wait for a clearer signal.

121 This signal shows mixed feelings among market makers. It indicates uncertainty about the stock’s direction.

200 I need Shares badly but do not take the stock down

300 Take (or I am taking) the stock down at least 30% so I can load shares

400 Keep trading it sideways

500 Gap the stock. Gap can be up or down, depending on direction of 500 signal

505 I am short on shares

600 Apply resistance at the ASK to keep the price from increasing

666 This signal suggests a strong bearish sentiment. Traders see “666” and prepare for the stock price to drop.

700 Move the price up

777 Also recognized as a signal to move the price up

800 Prepare for an increase in trading volume

900 Allow the stock to float and trade freely

911 Pending News/Press Release On The Way

1000 Don't let it run. A “1000” signal points to high activity or strong interest in a stock. It suggests that market makers
are heavily involved, which can lead to increased volatility. Traders should prepare for sharp price movements.

2100 Let it run