As the bot trades shake the trees, they must be losing some shares as they sell down into a standing buy order.
Maybe the reducing price encourages people to put their shares on the market a little above the reduced price & then the bot picks these up as it traverses back up the price range again.
Given the traverses through a narrow price range, maybe this could be used against them - buy at lower end of their range, and put in sell order towards the higher end?
Idle thoughts for a relatively boring day - I have grown used to larger shifts from this one. Hooked on the adrenalin!!
EXT Price at posting:
$9.06 Sentiment: Buy Disclosure: Held
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