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Dr PennyStock

04/19/18 11:50 AM

#42178 RE: Tjainlv #42158

Yes, if the stock is trading sideways for a long time, people begins to be nervous and impatient, and, sell, causing a pullback.

I am sure you saw the orders on the ask were much bigger than the ones on the bid(NITE was with 800k on the ask, and, dumped it at .0148 and .0147), so the sell pressure is stronger than the buy pressure, it goes down, independently of the volume.