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Innovation Pharmaceuticals IPIX
Posted On: 02/20/2013 2:31:44 PM
Post# of 72448
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Posted By: TOB
Re: Drano #7676

1.50 was such an obvious level for stops. Round number, key support line, many would have their stop 1 tick below at 1.49. From my chart you see those are exactly what hit.


The MMs see it not far away, see the order flow, walk it down, bang, then they can sell higher for an easy profit.


Don't be on one end of the bang!














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