People,
Not so long ago a company around 20c made a massive Uranium discovery.
A big company gave a broker an order to buy a large % as cheaply as possible. On huge turnover the price got dropped down to 10c over a month or two.
When they had their fill the price was let go - to more than $5.00 a share and of course the $5 was a true reflection of the discoveries actual worth.
So a reminder large players can make the chart look like whatever they want - regardless of the news flow; for a time...... They know what chartists use to make decisions so force those decisions to be made.
That time is normally longer than small players psyches can handle.
It's how they do their thing. BOTS simply make it easier for them to achieve this.
So FA is a must.
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