AVB 0.00% 16.5¢ avanco resources limited

tech signal - significant break of downtrend, page-139

  1. 24,192 Posts.
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    On a track back through the course of sales I see that the Bot started selling tiny parcels when the buy queue had buyers at 8.2c ... my interpretation is that once above 8.2c they suspect it will be at risk of a run... so bot is invoked to sell parcels into the buy queue which took the best buy down to 7.9c... Bots usual cease once the danger is averted or the intention is "Out'ed" ie they may need to change strategy ... and they are are many.

    Will be interesting to see what happens when there is a sudden set of trades at 8.3c will they capitulate and come into the market with large offscreen buys or will they dump a few larger parcels to keep a lid on it ?

    Personally I don't care.. they have shown their hand. Just a matter of time now.... hold tight folks.

    Buyers building again... another Crack on 8.2c shortly I think.

 
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