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BIG Chart, page-583

  1. mpl
    80 Posts.
    Hi Guy's
    I dont bother posting normaly. However I agree with the 4 points raised.
    To take point No1 a little further weather to enlighten someone based on Chart interpretation more in reference to what IMO happened today.
    In the old Days one would have called it Stop Raid.

    Yes, a very good sign of something that is going to happen within the short term (Week or so) to push up the Stock price.

    I would point out also that Minimal volume IMO it was not. Roughly 26% of todays total volume was traded within a 10Min period. Chart a 5 Min Intra day chart and notice how this occurs.
    2 x 10 Min periods prior were sold into. Normaly this happens until the Stop level of holders is triggered.
    Next 5 Min period roughly 156,700 Shares Traded took place, followed by roughly 58,000 Shares traded during the next 5 Min period with the buyers moving back in.

    My thoughts only.
    Last edited by mpl: 21/11/17
 
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