"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
$3.14 |
Change
-0.100(3.09%) |
Mkt cap ! $9.450B | |||
| Open | High | Low | Value | Volume |
| $3.19 | $3.20 | $3.10 | $101.3M | 32.04M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 274897 | $3.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.14 | 246919 | 7 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$3.13 |
Change
-0.100 ( 3.43 %) |
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| Open | High | Low | Volume | ||
| $3.17 | $3.20 | $3.10 | 15825747 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| PLS (ASX) Chart |
