If anyone can figure out today's trade, it would be nice to be enlightened.
EQH traded its largest volume in a week but the way in which it was traded was very weird.
Selling in lines of 8086 shares was fed into the screen before a line of 50K was bought. A similar trade occurred at around 45 minutes after the initial one where the buyer bid for 45K. Very strange indeed!
If anyone can make sense of this, please let me know.
At least EQH seems to have put in a low & is starting to build a base. Whoever is selling here is being sorted out & will not be a seller at higher levels. I presume the buyer at 84c is not looking to trade his purchase out at $1.
Just goes to show some of the other geniuses, or rather one oracle in particular, who like to rubbish this stock & impart their wisdom of T.A., such as in T.A.101 the most important thing is how many shares are bid on the first line of buying in the screen.
Pity there isn't a tax or death penalty for stupidity.
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