When the herd gets rolling it's hard to stop.
So much retail on the books so a lot of fear at work.
There has been single large orders following the sell side down stacking the back of the que on the ask price the whole way down. In sync with large props being pulled on the bid and then moved down.
I'm not saying IAM is due for a big bounce short term but someone is def swallowing some stock up and utilizing the fear of weak retail hands to exacerbate it all. Just my observation with watching the depth the last few days.
Way overdone IMO
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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2 | 200000 | 0.016 |
1 | 250000 | 0.015 |
1 | 80000 | 0.012 |
2 | 1800000 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 541582 | 2 |
0.024 | 125000 | 1 |
0.028 | 483161 | 1 |
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