MRQ - chart thread !, page-314

thats a big ask and am not equipped to make adequate judgement, but.....
IMO BHP RIO etc probably faced similar sceptics in their early days.
Chartists are interesting analysts when no new news in the market.
Thats one avenue to explore, but its hindsight projected into many future possibilities and constantly reinventing itself.
However it is a measure of sentiment.
this can change at any moment.
A negative non holder may deem the stocks funeral, so the sell side builds.
Similarly, the opposite may occur and sellers either evaporate or move their sell positions higher.
for myself IMHO, I take only brief look at buy sell positions as these can be posturing esp just before market open and close.
What may seem to be reality often isnt.
Yes surely there are those with set buy or sell levels they commit to.
But, often posted sells and buys can immediately evaporate if there is potential additional gain to be made in a fluid open market.
Probably have left you without a real answer here.
But its just a case of dont always believe what you see. smokes and mirrors.
dont be afraid to set your own buy sell levels and never regret afterwards what if......
just be content with your decision
as for tomorrows buys and sells, some will be real, some wont
if you have DYOR and have conviction, most times others fold, just like in poker
hope this helps but please dont take this as financial Advice, I wish you all the best in your endeavours