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tothe

08/10/20 8:31 PM

#17750 RE: tothe #17555

INQD charts~~~ For three weeks conversion was going on. The VbyP bars from 0019 to 0032 were buying swing traders and longs. The bars should be all green because of the MM dump, IMO.
Today a herd of new position traders showed up as buyers so it does not take much imagination of who the sellers were. Figure we picked up close to 1,000 new IHUB and Robinhood traders into the float in past three weeks. So that leaves me to believe we are headed into a period of serious consolidation this week where buyers will meet with the sellers who will be in control (unless the herd starts stampeding to the 0100 North Fork). :-)
The 5min chart shows 3M share gap up, ask slapping, paint job that flushed out 0055 but slammed into overhead resistance 0056 (yeah, the buyers from 0028).
It is going to be a fun week week.

http://stockcharts.com/h-sc/ui?s=inqd&p=5&yr=0&mn=0&dy=2&i=p3561776201c&a=646884267&r=1550521699656
http://stockcharts.com/c-sc/sc?s=inqd&p=5&yr=0&mn=0&dy=2&i=p3561776201c&a=646884267&r=1550521699656


http://stockcharts.com/h-sc/ui?s=inqd&p=30&yr=0&mn=0&dy=17&i=p3561776201c&a=646884267&r=1550521699656
http://stockcharts.com/c-sc/sc?s=inqd&p=30&yr=0&mn=0&dy=17&i=p3561776201c&a=646884267&r=1550521699656