No offense taken. I didn't mean to imply that what you were saying was sinister, just that cross trades aren't always manipulative movements.
There has been no news since 13th August, so I think that yesterdays move was firstly a move by someone to take a position before news, then followed up by others hoping that this was the movement pointing to a positive ann.
Consider it a false start, but there will still be a race on soon.
I don't think it was people selling into news, it was people buying into the expectation of news. I also think it is as you stated: if news doesn't follow shortly and vindicate yesterday's movement, there will be a retrace until a rumour or maybe even (shock, horror) a real ann.
I think an ann is going to happen very, very soon, but in EXM speak, that may be later than I think or hope.
I am holding and investing on what I believe will happen, so I guess there is a little emotion in it for me. I envy your ability to trade without emotion, and I hope to be in that mindset soon.
All is good
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$2.84 |
Change
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Mkt cap ! $198.4M |
Open | High | Low | Value | Volume |
$2.83 | $2.85 | $2.73 | $252.1K | 91.06K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 199 | $2.75 |
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Price($) | Vol. | No. |
---|---|---|
$2.89 | 189 | 1 |
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No. | Vol. | Price($) |
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1 | 5000 | 2.650 |
1 | 19977 | 2.630 |
1 | 10000 | 2.570 |
1 | 40 | 2.560 |
2 | 18000 | 2.550 |
Price($) | Vol. | No. |
---|---|---|
2.890 | 189 | 1 |
2.900 | 12628 | 3 |
2.950 | 345 | 1 |
2.990 | 2305 | 1 |
3.000 | 26557 | 4 |
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