Spikes nearly always come back after the run stops to various degrees and that is why spikes are a boon to shorters most times. Being experienced they know better than most when the spike normally peters out and the fall starts. The really crooked ones may exaggerate the spike before taking a position to make the fall a larger %.
Rinse and repeat.
Occasionally they lose doing this of course when news happens, they did not plan for such as a takeover offer during the falling phase.
NASDAQ hot!!!, page-191
-
- There are more pages in this discussion • 433 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MSB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
97.5¢ |
Change
-0.050(4.88%) |
Mkt cap ! $1.127B | |||
| Open | High | Low | Value | Volume |
| $1.03 | $1.04 | 97.0¢ | $6.679M | 6.677M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 155384 | 97.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 98.0¢ | 71926 | 24 |
View Market Depth
| Last trade - 14.54pm 24/06/2024 (20 minute delay) ? |
| MSB (ASX) Chart |