NBS 0.00% 9.9¢ nationwide building society.

skillful execution of sell strategy

  1. 341 Posts.
    Skillful execution of sell strategy
    Looking at the detailed Course of Sales over the last 2-3 days, NBS appear to be very skillfully walked down.
    Step by step without rocking the boat too much.
    You have to give it to the pros.
    Slowly taking out the unaware, who load up the bid side while the stock keeps on falling.
    Sellers come in from the right side off the board. Bingo
    Eg. the 20.5c sell never made it to the ask side.

    NBS fell off the cliff on last Thursday, another bad day on Friday.
    Solution; create a green candle (Monday) and commence orderly selling.
    The strategy seems to work.

    What will hold this up when Stop Loss Sell orders get hit?
 
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