"In the BEOT who has the deepest pockets and the greatest will to enlarge their current positions, and why ?"
Wyckoff answered your question almost 100 years ago, Herr Recherche. He said that the share price of a stock is driven into a cycle of 4 phases by that BEOT. He accumulates good stock at wholesale price to sell it at retail price. Basically that is why.
You can read the detailed explanation here:
https://school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method#:~:text=Phase%20B%3A%20In%20Wyckoffian%20analysis,anticipation%20of%20the%20next%20markup.
"In the BEOT who has the deepest pockets and the greatest will...
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Last
$3.02 |
Change
0.045(1.52%) |
Mkt cap ! $9.119B | |||
| Open | High | Low | Value | Volume |
| $2.96 | $3.07 | $2.93 | $49.48M | 16.43M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 179233 | $3.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.02 | 261148 | 31 |
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| Last trade - 13.01pm 03/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |