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IronChefQuezon

04/04/23 4:40 PM

#72928 RE: LCLiving #72927

Yeah I gotta say I've seen people say some pretty crazy things about the OTC but I've never seen anyone try to blow off supply and demand. Buys vs. sells can be pretty important when it comes to TA. TA doesn't dictate movement but it's a self-fulfilling prophecy and all signs are pointing to a very, very serious run. We've seen what APRU can do when the stars align and I think we're very close to APRU 2.0. Best of luck to everyone. Looks like somebody loaded up big today and wasn't being stingy about the price.
Bullish
Bullish

hedge_fun

04/04/23 5:08 PM

#72930 RE: LCLiving #72927

Looky what I found searching Google……

A trade transaction occurs either when a buyer accepts the asking price or a seller takes the bid price. If buyers outnumber sellers, they may be willing to raise their bids to acquire the stock. Sellers will, therefore, ask higher prices for it, ratcheting the price up.

LMAO, buying pressure creates a rise in the market and selling depresses prices, as basic as one can get in economics.



Close.

More buying demand for the number of available shares for sale, drive up the price.

When more shares are available for sale than the demand to buy causes the price to drop.

I love it when the price drops and folks blame Nekkid Phantom Shorty.