it's called "a wash and rinse" ie stop losses tend to accumulate at certain points, by "traders" Hedge funds are interested in collecting them and then moving forward (or backward) ie before they (the Hedge funds) move into a promising position they look to see whether they can do a wash and rinse - as you would setting off for a journey
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- stop losses hit hard as manipulation gets on
it's called "a wash and rinse" ie stop losses tend to accumulate...
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$41.46 |
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Open | High | Low | Value | Volume |
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---|---|---|
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5 | 1463 | 44.000 |
2 | 2575 | 43.490 |
7 | 410 | 43.000 |
1 | 209 | 42.740 |
Price($) | Vol. | No. |
---|---|---|
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40.000 | 2332 | 12 |
40.250 | 4 | 1 |
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