Sustainable Green Team Ltd. (SGTM)

[eyeamgame]

L2 Update

3 MM's on bid at .0014 NITE< UBSS and ETMM
1 MM on ask at .0015 NITE

VFIN has become inactive since yesterday.

Volume is 9,164,866

Day high is .0015
Day low is .0014

25 trades so far

NITE< UBSS< VFIN ETMM were the active MM's yesterday

The longer the stall at current positions the more likely other MM's will drop their ask and join NITE at .0015.

Typically you want to not only see more MM's on the bid and less MM's on the ask for a stock to generate upward pressure on the stock price.

To see mounting pressure we would see more MM's join the bid, Nite raise the ask or MM above NITE on the ask raise their ask even more.

Another clear sign will be an instant raise on the bid very shortly after the ask is raised nad than more MM's joining the new bid.

Nite could be representing some sellers at the moment or should have raised the ask already IMHO.

In short the longer the ask is held to .0015 the more likely we will drop than uptick but this position could hold for quite a while.

A downtick could either just happen or more likely one or 2 other MM's will drop their ask as well.

eye