ID8 0.00% 1.3¢ identitii limited

Ann: Identitii Begins First Mastercard Project, page-149

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  1. 1,625 Posts.
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    I read it as follows:

    Mega dump usually waits till last hour - today first thing. I think that's because it was the last of mega dumper's shares.... Few scared people sell through 15c, 14.5c. Real buyers take 14.5c because its no doubt a good price. Day traders take 15c because it seems like a bounce trade. Buyers from yesterday and traders from today exit at 15c because that is what they do... Limited sellers left apart from a few spooked holders. People will be weary and wait a few days to make sure sellers are gone and it will find a bounce off 14.5c, probably testing 15.5c tomorrow to see what's left in the sell pandemic, perhaps finding a few more who simply can't hold anymore due to fear.
    Last edited by ChipLeigh: 26/10/20
 
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