Didnt we see an ingenious shake-out of the weak yesterday. I wonder if we're dealing with a group of traders who are reading to run this little baby. Maybe the GDA, RSL group???
The depth sold into has some very large orders. Id be surprised if they werent actually selling into themselves 9through different accounts with different brokers) before they get this baby going once and for all.
Mid 3's a realistic short term target this week.
Hope you all had a good weekend...
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ingenious shakeout to flusk out the weak
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