Quick look at broker data for this month (doesn't include last three trading days which is yet to update).
We can see that there is strong buying through institutional accounts (Macquarie, IBA, Hartleys and Morgan Stanley).
If you look at the bottom, the selling is primarily through Commsec (Retail or retail/quasi soph placement recipients).
In my opinion, there are some major players soaking up the CR flippers or panicked retail. Something is brewing and the broker data is strongn evidence of that.
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