SDL 0.00% 0.6¢ sundance resources limited

1000 buyers vs 200 sellers, page-2

  1. 7,247 Posts.
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    I hope so, but that can be a very misleading stat.

    The only buyers who matter are those at the top, who may even be off screen and invisible, - and the top sellers. The rest are static.

    Which is why I concentrate 100% on the price action.

    How much value is a buyer bidding 5 cents below last sale, or a seller asking 5 cents above? Not much.

    In my experience, it is not uncommon for powerful moves to advance against the depth, ie. driven by off-screen buyers. I really love it when I see that.
 
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