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A big holder is clearly putting up a sell wall to accumulate cheap?, page-8

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15/12/19

12:19

Post #: 41975209
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Originally posted by hyper41: ↑

Ok it seems to me to be pretty clear that a big holder is continuously putting up a massive sell barrier and a little buffer in front to force anyone who wants to sell to do it below the wall and anyone willing to buy is psychologically geared towards expecting someone to sell down due to how much is available at the next few prices up, this is a pretty standard practice for big holders to accumulate more. The bit that has me convinced of this here is all big sells get pulled at end of each day so that if there is news overnight they are not risking someone actually buying up their sell wall barrier. This fills me with a lot of confidence on this one. Does anyone else see this any other way?

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overseas orders get removed at end of trading each day, resubmitted next day.

ORR Price at posting: 34.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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