re: u seller at 50 holding down sp Rockingham178,
U/- seller is an undisclosed amount of selling in that particular line ($200/-+).
Generally used to move lines in more liquid & heavily traded stocks.
With stocks that are relatively illiquid as is the case with GBG, U/- sellers are sometimes used to suppress the sp as accumulation is occurring.
In this case, this normally indicates accumulation prior to a run.
Note RSI, which shows GBG moving into 'buy territory' which further strengthens my argument.
regards,
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re: u seller at 50 holding down sp Rockingham178,U/- seller is...
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