CQT 0.00% 51.5¢ conquest mining limited

Nearly all the buying that took place on Friday came from off...

  1. 67 Posts.
    Nearly all the buying that took place on Friday came from off screen which would indicate an accumulator presence. The way these accumulators work is to go in hard for a day then take a break to let the sell side build up again before starting again.Along with the accumulator buying there must of been some day traders and shorters whom will no doubt dump on a bad day and bring other sellers along with them creating a so on effect.Once enough sellers reappear within the accumulators range the buying recommences.Whilst very annonying the way this stock behaves the bigger picture must evolve soon and the patient will be rewarded.Its all timing .
 
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Currently unlisted public company.

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