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Replies to #39666 on lowtrade

lowtrade

12/24/13 3:26 PM

#39673 RE: GOSSSAMER #39666

Obviously the price action got your attention. When things happen at price decline bottoms. Either there is a dark master buying attention or bottom fishers move in to accumulate low. This can be guessed at by the price action seen.

If it's dark, the move lasts 3 days +/-, on increasing volume, to get retail attention. Deliberate price & volume increases, in your fact action.

If it's bottom fishers you see a pop day or two, dead or stall day or days and a few more pop days mixed in over a week or two, Irregular volume spikes, as they try to enter large without causing the price to rise to far. Remember they want to buy in low as possible, as large as possible. This takes a degree of stealth.

But either way it's only worth day trading when a bottom first forms at the OTC.