If you are watching the DOM (depth of market) live its not difficult to spot icebergs trading Indices. example, someone places a 50 or 100 contract iceberg you need serious money to do that because things happen and prices gap etc and you can get caught. With stock, it's a little different because it's not alot of money to place a buy/sell iceberg for 500,000: 1,000,000 @.065. I would assume many traders here could do that. So these bergs could be just any trader like you or I placing them. Brokers and traders use them to give support while selling and put resistance in while buying. I've done it many times in the past.
Looking at the chart I think its going to test lower. .065 obviously daily support 18 ema may act as support failing that .06 .061 support. If news isn't far off could see some buying.
Big Iceberg, even blocked the sun out as the sun moves horizontally around the horizon.
If you are watching the DOM (depth of market) live its not...
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