RDN raiden resources limited

Ann: Andover South Drilling Update, page-841

  1. 1,805 Posts.
    lightbulb Created with Sketch. 361
    Not actually a lot of shares sold off if you zoom out.

    Big divergence in the volume traded compared to when price is going up. Classic accumulation, and appears they are selling into an weakness in the buy side when they can do it without coughing up too many shares.
    Once the sell side fills up enough, wipe a couple of lines and then start pushing the price down again.

    Drill bit will tell us, but it currently looks like smart money picking retails pockets.

    https://hotcopper.com.au/data/attachments/6611/6611975-637bb3c710af2a09e784406638a1ae12.jpg

 
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