Broker data reveal that Pershing was No.1 seller last Friday, they triggered stop loss.
Refer to the third report for 9 - 16 March, Pershing bought 608k shares at average of $1.73
Pershing triggered stop loss last Thursday and Friday, sold total $540k shares @$1.23 average.
Net buyer turned into an aggressive dumper, they should sold all of their 608k by now.
Some cross trades were missing, not included in the report.
1. Broker data for Last Friday (18/3/2016):
2. Broker data for Last Thursday & Friday (17 - 18 March 2016):
3. Broker data for 9 - 16 March 2016:
TA Perspective, page-124
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