First off, I appreciate your TA, and the charting side of trading has been good to me.
I note your comment below: "My only concerns are the 2 high wicks where a heap of supply came flooding in. This signals either profit taking or trapped holders getting there funds back. Next 2 sessions will tell the story."
In my previous broker data post, Post #:66924692 , BTIG had acquired 3M shares.
Broker data report since then shows that BTIG are flipping those 3M shares for profit at around the 20c mark, so there is no need to wait another two sessions to work out where the supply is coming from. It's BTIG profit taking.
Of more importance, IMO, is that the BTIG supply is being soaked up by Pro's vs Retail. Whether it continues to be the case we'll find out soon enough.
As a retail investor, you need to use all the tools out there to your advantage to try and work out money flow direction and why.
Does the Pro vs Pro soak continue, who knows, place your bets in line with your risk profile and own the outcome.
GLTAH
BSX Price at posting:
19.0¢ Sentiment: Hold Disclosure: Held
