on 10.5c: short term traders /volume traders /T+1 or T+3 trader /buyer on the left adding pressure so more can sell on 10c, many reasons.
Now, the trick is, buyer is not in a hurry, if you're a seller then you'll have the option of hanging on for a chance that may come or not or sell to him on 10c & get out....which is the exact point here!
Note that everyone that sells from 10.5c on 10c, there's always 1 more order on 10.5c to come along, so 10.5c never goes lower..lol.. which imo means that someone is cool, has time, patience & will to soak all these sellers in whatever time frame & even put more pressure to get loose hands to let go.
LOL so funny, some nervous seller just sold to 10c a mil & everyone else followed & OF COURSE we're back to square 1 again lol.
Honestly, very entertaining to watch.
cheers,
WMT
western metals limited
