InvestorsHub Logo
Followers 931
Posts 25797
Boards Moderated 1
Alias Born 03/04/2010

Re: BluSkies post# 100875

Saturday, 03/29/2014 10:19:51 AM

Saturday, March 29, 2014 10:19:51 AM

Post# of 298910
Before the biggest runs, the MMs typically try to walk down the pps on super low volume, even when there is millions of shares traded higher, representing the true market price. They try and trigger stop losses and such. Why? They are not stupid and anticipate the major run. They have to maintain a reasonable market and need to load up on shares. They walk it down on LOW volume to load up with BIG volume at a lower pps.

With RSI at only 70 and the chart setup perfectly, MYEC is going tohave a huge, mega, tsunami type run here!!


Greed is good

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.