4DS - Anything but Charting, page-22347

Ok. Not sure if you watched Tuesday's trading, or yesterday's. You need to watch on a live platform like Iress to spot this stuff.

Here is the trading data last two days.






First up a disclaimer:
I could be totally wrong with all or part of this - don't take it as a fact - it was my view based on years of experience with live trading data and with the way 4DS trades. It could just be a fairy story. Many readers will think just that.

On 11th and 12th of April the SP touched 10.5c - I took this to be exuberant retailers jumping on board.

On the 13th and 14th of April, trading occurred in the 9s and it looked like 1 (or more?) decent sized buyer had moved in and was accumulating.

Come 19th April, the next days trading, and yesterday, 20th April, the buyer/s was prepared to pay 10c. And wow, did they get to buy some shares!! Despite the 10c BID often emptying, the buyer/s managed to get more punters to keep filling their 10c bids. Over and over for two days. Volume traded at 10c as you can see was close to 24m. Its not possible to know how many of those our big buyer ended up with, its common practise for them to be selling at the same time to encourage others to do the same. But the fact that they churned 24m shares at 10c is what I considered "masterful".

Today, I imagine they figured that all the 10c was pretty much gone and that "end of April" was approaching. So they stepped up.

Line swipes at 10.5c, 11c, 11.5c.

Are they done for the day? Maybe. Letting things cool? Got their fill? Both possible. The other possibility, depending on urgency and requirements, is that they will come back late in the day and line swipe a few more levels.

If you want to spot it, look for the size of the parcels bought as shown in the image below. This shows a 200k buy - just one of us




Hope that helps.

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