buys & SELLS indicate market DIRECTION, strength, tendency, etc.. IT SHOWS that there is waaay too much talking about buying, the future, the stock's promise, etc., VERSUS what the MONEY is doing!
Money is GOING OUT of the STOCK.
People have -- by & large -- been DUMPING & SELLING INTO THE BID
Versus, what you'd see on a STRONG STOCK -- ask slapping all the day long!!
That is NOT what you've had here... This stock opened OFF the GREY ("DEAD SHEETS" - EM) @ $0.0014. I saw PROGNOSTICATIONS of $0.002 -- but the ACTIONS did NOT match the words!
It has been DUMPING TO THE BID -- with MUCH MORE frequency than ANY ask-slapping!
That's the DISTINCTIVE difference & POINT of the buys & SELLS as they cross the tape!!
In case that wasn't known... Pretty simple stuff! Market is NOT showing strength to the upside at this time. And there are MORE SELLERS than buyers! FRONTLOADING will do that...
So now the FRONTLOADERS have to wait on NEWS if they don't WANT THIS TO COLLAPSE back completely!!