Why huge seller sitting @ 0.135???? when everyone can see him making the visual barier, but still >>he is safe there??? Why u buyer for 250k yesterday after sell down?
Looks to me >>> like this >>>
The Shakeout
(Tricks of the Trade)
A market professional may want to accumulate a large position in a stock that is trending strongly; either for his own account or for a major client. How does he/she do this? If he starts placing buy orders in the pool, he will chase the stock up sky high, without being able to build a big enough line. The golden rule is: buy into weakness.
Patience
The professional bides his time, waiting for the stock to consolidate or start a short-term correction. He knows that trading will be quiet during this phase: buyers lose interest for a while and look elsewhere. He also knows where most traders have their stops.
A few well-placed sell orders on a quiet day will drive the stock below its' support level. Stops are triggered, sending a flood of sell orders into the market. Everyone takes fright while our market professional steps forward and scoops the pool; buying in the face of the correction. Selling dries up when the stops are filled and the stock soon recovers back into its normal trading range. Everything returns to normal; except that our market professional now has a sizeable parcel of stock, accumulated at bargain-basement prices; and a group of punters curse their luck while the stock soars into the stratosphere.
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.27M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 0.9¢ | $341.3K | 34.25M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 5514109 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 952327 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 5514109 | 0.009 |
13 | 6082697 | 0.008 |
7 | 1795863 | 0.007 |
4 | 1685609 | 0.006 |
2 | 800000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 952327 | 2 |
0.011 | 9734000 | 5 |
0.012 | 5788361 | 4 |
0.013 | 4803715 | 5 |
0.014 | 1071428 | 2 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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