Share
clock Created with Sketch.
05/04/17
12:00
Share
Originally posted by Matt Adl
↑
I agree with your sentiment you can see the sell order side thinning out already, closing in on double yesterdays total volume and its only heading into lunch. Those stop losses must have triggered some major volume.
Looks like a couple of people are scooping up some shares at a good value, feel sorry for all those at work who got their SL triggered, come home to see or get message on their phones.
I see a retrace and resistance around 80c heading into close, we will see though
Expand
Total of 180K shares (2 Buyer bids) at 79c for a few minutes then pulled about 10 minutes ago.
I think we could see some big bids this afternoon if the SP holds around 78-79c.
The bots every day and today's SP fall looks like accumulation to me. Perhaps a few holders getting impatient and stop losses as you've mentioned.
GLTAH.