bugger all volume though folks. All of these "sell downs" are made up of less than 10k worth of shares. I dont know if it's orchestrated or most of the time its a small enough trade for someone to have just lost steam and bailed. When it drops on big volume its time to reassess. Not only is the depth exaggerating each trade into a sell down or a run, but its putting people off buying more i believe. People want to be able to sell if they have to, in this climate you couldnt sell 200,000 shares easily, the volume doesnt allow it.
I believe this will change very soon.
PM8 Chart, page-121
- There are more pages in this discussion • 217 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)