because it was the MM playing with the stock.24 3:54:39 pm 13.5...

because it was the MM playing with the stock.

24 3:54:39 pm 13.5 10,000 0.5 $1,350 1
22 - 23 3:53:46 pm 13 14,200 0.5 $1,846 2
21 3:53:28 pm 12.5 20,000 0.5 $2,500

you can see the small vol generated to pick up stock, hence

26 - 27 4:10:35 pm 12 48,201 1 $5,784 2
25 3:54:52 pm 13 48,068 0.5 $6,249 1

generated a net sell out of about 60k shares. easy money. same strategy employed on their other stocks.

thats all, they wanted to close it on 200DMA to alert potential traders of a turn around.

ADX has kicked up into the buy zone but the restistance is still too high and needs to fall further to signal a uptrend.

they are backfilling the buyside to give the impression of depth, its all bogus i think, they are taking it higher for some trading reason, its on the watchlist for a trade but still not the right buy signal generated, but its on for the brave at heart. they did empty out the buy depth to pick up stock at 10 and their abouts but the t20 being withheld does make it more complicated but just stick to TA rules and you will be fine.

20mil market cap gave an EV of about 10-12million and seeing how easily they moved SLA they could do anything with this, looking at mid 20s for a possible run.

remains a trade with stop losses very tight.