TA discussion, page-5828

ARMCH is right.
This is stealth buying.
Helped by the fact that there is not a great deal of "other" interest at the same time.

Those immediate smack down trades are the tell tale. They are there to destroy sentiment and trigger stop losses.
They are certainly not a seller trying to get a better price.
A shorter..... maybe?
We need short selling data to confirm this.

Its buggerall volume but there is certainly buying going on and they are averaging their buys pretty well, at the expense of some poor retailers who fall for it.

Bottom drawer stuff for me.
Have another look in 6 months time.