DEG 3.36% $1.39 de grey mining limited

in play..., page-14

  1. 12,503 Posts.
    Kurious

    I have no doubt there was a lot of selling

    but it is the net position of trading that counts

    selling a lot but buying even more is still accumulation

    DEG appears to be in this pattern

    seal a ceiling at 5.4

    support at floor at 5

    so what is the net position of brokers working on this

    couple of days ago, you said the same broker on AND is buying here

    I believe so because I think someone is getting set for next AND play.

    so the selling is either capping by the broker to do net buy position accumulating

    or some stale holders with large position trying to sell out & brokers are just taking their sweet time to digest them all

    I dont have the trades info

    you have

    dont care either way

    even if you call it selling

    I see a bigger buying.
 
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