First up this morning there was a blocking sell order of 5800 shares @ $139.50....the accumulating insto does not want to see a break above $140 yet. Automaticall it then looks like a failed rally and people panic sell and they accumulate...until they are finished or there is a news ANN this cycle will repeat.
Another catalyst will be a competing insto gobbling up the blocking order like what happened yesterday ( i think at $136)
Very frustrating if youve already accumulated ...a big test of patience!
Kinda wishing i had sold at 139 and bought back this morning ... but ah well its only small margins , i can wait for the $150
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