THAT WAS REALLY NICE
Today it did not trade for the last 2 hours almost. It was holding "exactly" at the bottom of that little triangle, with the biggest trades of the day at 175K shs. That's just a fascinating coincidence.
Things were looking to close on the bearish side. Then "Lo-n-Behold", it pops up and closes "exactly" at the top of the triangle, in the last few seconds no less, on only a 1000 shs! That could be some real fancy footwork there by them mm's. So who's taking the credit for that one ?
Do you guys ever talk about the technicals ?
Or just bang away at all that typical stuff ?
Who is really trading this anyway? Do actual traders even exist anymore? I think this is programmed to break down below that little triangle support-line soon. I mean, it's just a little one.
But they did manage to barely keep it closing on the bullish-side today. Maybe they wanted the technicals to flash another false bullish-signal again, to attract some more traders before taking it down.
Do You Know What I Mean ?
JMO