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Seafarer Exploration SFRX
(Total Views: 367)
Posted On: 12/09/2020 2:01:26 PM
Post# of 7803
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Posted By: Coat Tail Rider
Interesting take:

Quote:
Yep. If you zoom in to the micro you will see some differences as well but overall I agree with you. I chose not to broach that in these posts and instead to focus on one concrete past example, but I'm glad you noticed.

I echo your hopes (of course). When I said before that the present bullish harami was "due to" the giant ask, what I should have said was that the present bullish harami exists "in spite of" the giant ask. In most worlds, an ask like that would push the pps way down and we wouldn't see a harami.

In this case it's the stability of the bid which produced the harami; the large ask simply let it extend extremely long without a topside break (due to the large ask blocking the topside).














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