That just means, traders are gone...YaY..market isn’t fluid enough for traders.
Capital gainers will continue to sell shares below their targets of price continues south. Accumulators go through cash on hand cycles. The market understands this to a T so they’re able to estimate within accuracy when to stop stepping price lower and lower to the desirable buying level which is historically .05’s, not .04’s....I’d like to see cash on hand risk losing out on .05’s on the ask should that happen again by attempting to wait for .04’s...noghanahappen.
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