I got another parcel also at $5.31 on my CFD account. The volume in between there and $5.4 was large, being mostly CXXT you might not have noticed them unless you were watching the course of sales. For it to hold up against that at $5.30 and then rally showed a lot of confidence. Hopefully will get another little move up tomorrow, depending on the election of course.
Everyone on this thread seems pretty clued on but for those wondering why it's good to see it rally against large amounts of CXXT trades is that they always get the sale first eg: if the buy price is $5.31 and sell is $5.32 then someone try's to buy at $5.32 the broker selling by CXXT will get that sale for $5.315 undercutting the sell price in place. So in the end if someone wants to sell the have to undercut the CXXT trade and sell for $5.31 continually pushing down the SP.
APO Price at posting:
$5.42 Sentiment: Buy Disclosure: Held
