Basically lnc was on its way up today and needed containing. Usually takes about 1/2 hour after the morning volatility where new buyers come in line wiping. Whoever wants the price restricted loads up the immediate sell side making it looking like an oversupply of stock. Then starts dribbling piddly trades to the left hand side. People get nervous and thinking its going down, fulfill their premonition. The buyer sits on the buy side and eventually gets the order filled. Soon enough we hit the bottom new bids come in and the whole process gets started again. You can use this to your own advantage and follow this cycle the whole day. Somedays are tighter than others but 3 -4c seems normal. Did note today the 2 bots (automatic trading programs) blocked the buy and sell side for a time so that no one could sell down and play their own game!
Also most of lnc depth has been sitting in the first 10 lines and has been roughly equal to buy side. Today however buy side depth was loaded with 6-700k off screen to suggest a sell sign. They really dont want this to go up, probably got a big enough scare 2 weeks ago.
Note now since typing sell side thin again as its to dangerous to leave the blocking shares.
My theories anyway I have square eyes!
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