as i think everyone knows by now, i have a pet peeve with minute by minute share price descriptions
a) we all can see it
b) it adds no value unless its explained with real knowledge
i just see it as putting the lie to the idea people are long term buy and hold investors
but given some are determined to discuss an intraday share price movement at such length, i'll just point out that the upper bollinger limit on BUD was 7.2c yestderday
and for those who dont yet know technical trading - the upper and lower bollinger limits are typically always the top and bottom of the short term channel for a share price
BUDhad exceeded its upper limit both friday and then agin yesterday
that triggers technical selling both by traders and also by market making algorithms
while most of you probably know this - can i just say anyone who doesnt know how this stuff works should get themselves to a securities course or other share trading education centre
it will help you immensely in understanding what otherwise will seem inexplicable changes to share prices
- and often stop you selling when you should be buying and vice versa
