Computers are trading and they use many charts at same time and trend lines for supports or resistances!
They are always testing these lines!!
The other thing is they know all buys and sells and how many of each!
So if very few bids! They will push down to a support!
They know also what is shorted and what is not!!
So computers are playing each other! Like chess.
And we follow emotion they do not!!
So that is why one must have a fail safe in big boards!
If my sell did not hit this AM then my stop loss on 15 min chart would have been in play! I had it set at $0.806 this AM. This is on the 50MA trend line.
In pinks no stop losses as MM's will seek those out!!
oh it's the norm on HEB pay attn to 3 MMs' >> cinc/amex and the most recent player >> edgx they are literally interchangeable
they cycle thru on both bid and ask (i call them probots)
what is nice to see *change* >> is the calendar *PROS* are running out of time .. i'll take slow and steady *UP* until they finally orchestrate the run on HEB
They are following 15 min chart 50 MA and 2 and 3 min charts are about to have 50MA cross 200MA so this is about to push up over the $0.82 mark next 1-2 hours!