The new and Improved TA only thread, page-29

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falconsfanatic

941 Posts.

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12/12/17

13:42

Post #: 29567783
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Originally posted by Stockmaiden ↑

The content is borderline to call it TA but think it belongs here because is closely related.

Over the last week or so I have been having a look at the last treeshake and comparing to this one so far.

Treeshake 1: Total duration - approx 2 months 24/7-22/9, SP 180-135ish.
Each cycle ended at about the same closing low (135-140)

First two cycles 13 days each 24/7-9/8, 11/8-29/8 volume was 14 million shares at about 500k per day
3rd cycle: 31/8- 4/9; duration 3 days at volume of 1.1 million per day
4th cycle: 8/9-11/9; duration 2 day at av 400k volume per day
5th and last cycle; 15/9-22/9; duration 6 days at an average volume of 250k per day. (the last two days were under 150k)

The Recovery
1.35-4.79 in under two months.

Current treeshake
Cycle 1- duration 22/11-28/11 5 days av volume 1.5 million per day
Cycle 2- duration 8+ days 30/11- 11/12 and still going av volumes 650K

What I take from this
It seems that it wasn't economical when volumes got under 250K and they gave up
To finalise this holders need to stop selling so volumes about half of what they are currently so that they are under 250K
We will see a massive surge once treeshake is over (was over 250% last time in 2 months before current treeshake).

I would be interested in any comments on these observations and ideas

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Great discussion here and thanks for putting in the efforts on the past and current shakes, we have just touched over 200k volume for the day and maybe under the 250k for the day, I think everyone is watching and waiting to see which direction this will go

BIG Price at posting: $3.45 Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

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The new and Improved TA only thread, page-29

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