NDO 3.13% 85.3¢ nido education limited

who blinks first?, page-2

  1. 15,276 Posts.
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    Trading just got interesting...

    Sellers drying up...and the larger accumulators don't want to push the price up!

    STALEMATE!

    All the while, there is the constant fear of news any day!

    As I see it, the traders have had their fun and most are out by now. They would have recognised that the profit / reward ratio has reduced somewhat from a "traders" perspective.

    Now, I suspect they will mostly sit on the fence until the next volume breakout!

    Other than a few of today's straglers, that just leaves the long term holders and the accumulators left in the stock...or in other words, the true believers!

    The delema now...is how to get them to sell...otherwise the path of least resistance is substantially higher!

    Cheers!
 
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