I'm not a day trader and I use a variety of things to forumulate my investment decisions. Market depth is not one of them strictly speaking.
I was simply using the current market depth (5 tiers of buyers versus 10 tiers of sellers) in my previous post, as a supporting example showing that a shift in the bias across the broader market towards CQT has turned from bullish to bearish.
The current market depth reflects what the chart action is also telling us - the stock price has lost the very buying support which saw it run up to 30-odd cents. That support has dwindled down to a small group as shown in the market depth tables.
Sorry I soured your day with a poignant piece of analysis.
CQT Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
