What were you seeing that gives you 80?
What I was seeing were sellers waiting off screen and dumping when the buy depth built up.
No point putting sell bids of volumn up higher and telegraphing intentions, else the buyers would never line up to put their bids in.
IMO
The below red volumn spikes shows me distrubution is in play, lack of sell depth up higher shows no caping required.
This pattern is evident across many of the shares I follow that have liquidty on the ASX, and is exactly how the fade trade was working on microsoft and nvidia last night.
Buy the dippers are getting cooked this time round, the market has turned. IMO
